Question: ( Appendix ) The winner in an auction bidding process will Multiple Choice get less value than was paid in the bidding. get more value

(Appendix) The winner in an auction bidding process will
Multiple Choice
get less value than was paid in the bidding.
get more value than was paid in the bidding.
on average pay an amount equal to the product's true value.
win the bid if he takes the average of his best estimate of the starting bid and the items true value.
(Appendix) The winner in an auction bidding process will Multiple Choice

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