Question: Anna ' s Antiques expects to get two bidders for the unique china teacup it sells. Each of the bidders can either have a high
Annas Antiques expects to get two bidders for the unique china teacup it sells. Each of the bidders can either have a highvalue of $ or a lowvalue of $ with equal probability. If Anna receives $ from the auction, she can infer that
Question options:
Both the bidders were high value bidders
Both the bidders were low value bidders
One of the bidders was high value, while the other was low value
All of the above
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