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Business, 22.08.2019 00:30 hjgjlgkjg

You are bidding in a second-price auction for a painting that you value at $800. you estimate that other bidders are most likely to value the painting at between $200 and $600. which of these is likely to be your best bid?
a. $1000 b.$800 c. $600 d. $400

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You are bidding in a second-price auction for a painting that you value at $800. you estimate that o...
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