Maurice Tutor

(5)

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 04 Feb 2018 My Price 4.00

Walter Emerson Baum

Suppose that Anna, Bill, and Cameron are the only three people interested in the paintings of the Bucks County artist Walter Emerson Baum. His painting Sellers Mill is being auctioned by a second-price sealed-bid auction. Suppose Anna’s value of the painting is $20,000, Bill’s is $18,500, and Cameron’s is $16,800. Each bidder’s consumer surplus is  if he or she wins the auction and 0 if he or she loses. The values are private. What is each bidder’s optimal bid? Who wins the auction, and what price does he or she pay? V

 

 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 04 Feb 2018 07:02 PM My Price 4.00

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