Suppose after submitting your sealed bid in a vickery, Ask an Expert

Economics

Suppose after submitting your sealed bid in a Vickery austion you find out that they have lost the auction(you were not the highest bidder); However, you have the opportunity to revise your bid. Would you go ahead and change your bid? Why or why not?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9443740

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