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    Northwest Florida State College
    Jun-1992 - May-1997

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    Northwest Florida State College,
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Category > Economics Posted 30 Apr 2017 My Price 7.00

If a seller is concerned about collusion among bidders

If a seller is concerned about collusion among bidders, which of the following changes to the auction should the seller make?

a. Hold frequent, small auctions instead of infrequent large auctions.

b. Conceal the amount of winning bids.

c. Publically announce the name of each auction’s winner.

d. Hold a second-price instead of a firstprice auction.

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Status NEW Posted 30 Apr 2017 05:04 PM My Price 7.00

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