Which of the Following Statements Is NOT True

Multiple Choice

Which of the following statements is NOT true?

A) The Dutch and first-price, sealed-bid auctions are strategically equivalent.
B) A mineral rights auction is a common value auction.
C) An auctioneer is always indifferent between different kinds of auctions.
D) An English auction yields higher expected revenues than a second-price, sealed-bid auction when bidders are risk averse.