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    Managerial Economics Study Set 1
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    Exam 16: Auctions
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    ​In a Sealed-Bid First Price Auction,if You Notice That Your
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​In a Sealed-Bid First Price Auction,if You Notice That Your

Question 14

Question 14

Multiple Choice

​In a sealed-bid first price auction,if you notice that your competition is weaker,you should


A) ​Shade your bid more
B) Shade your bid less
C) Bid more aggressively
D) ​Both B&C

Correct Answer:

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