Consider an Auctioneer Who Is Selling an Item Through an Auction.It

Multiple Choice

Consider an auctioneer who is selling an item through an auction.It is known that the 25 risk-neutral bidders have affiliated values that are distributed between $0 and $500 million.Based on this information,the auction type that will maximize expected revenue is:

A) English auction.
B) second-price, sealed-bid auction.
C) first-price, sealed-bid auction and Dutch auction.
D) English auction and second-price, seal-bid auction.