Question: (b) We are given three sellers (a,b,c) each offering a distinct house for sale. We also have three buyers x,y,z. The valuations of the buyers

(b) We are given three sellers (a,b,c) each offering a distinct house for sale. We also have three buyers x,y,z. The valuations of the buyers for the houses are as follows: b1) (9 marks) Run the bipartite graph auction procedure and state what the prices are at the end of each round. b2) (3 marks) State what is the eventual set of market-clearing prices

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