Question: In the sequential trade model, if the uncertainty about V decreases: O a. The bid-ask spread goes down. Ob. The bid-ask spread stays unchanged. O
In the sequential trade model, if the uncertainty about V decreases: O a. The bid-ask spread goes down. Ob. The bid-ask spread stays unchanged. O C. The bid-ask spread goes up o d. It is not clear what happens to the bid-ask spread
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