Suppose a government wishes to auction 5 million bonds (quantity), and three would-be buyers submit the following bids:...

Question

Question

Suppose a government wishes to auction 5 million bonds (quantity), and three would-be buyers submit the following bids: Price

Answer 1

Answer #1

The correct answer is option of Buyer A pays $ 1,000 and Buyer B pays $ 1,000 in a uniform price auction

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Answer 2

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