Question: In the sequential trade model, if the uncertainty about V decreases: The bid-ask spread goes down. B The bid-ask spread stays unchanged. The bid-ask spread

In the sequential trade model, if the uncertainty about V decreases:

In the sequential trade model, if the uncertainty about V decreases: The bid-ask spread goes down. B The bid-ask spread stays unchanged. The bid-ask spread goes up. It is not clear what happens to the bid-ask spread

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