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. 11. A condominium developer wants to sell 4 identical units to...
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11. A condominium developer wants to sell 4 identical units to a group of bidders. Each bidder wants only a single
1 point
unit, and their private valuations for the units are 2, 32, 46, 50, 52, 76 and 80, respectively. If the developer uses
the VCG mechanism to allocate the units, how much money in total will she receive?
O 76
130
178
OO
184
200
Answer & Explanation
Solved by verified expertAnswered by Kathleenuy1 on coursehero.com
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