(A) Draw a diagram that shows what happens to the winning bid from the start to the nish of a looser pay winner auction experiment. (B) Explain how participating in these experiments cause the bidders to change their minds toward wanting to bid about double the value of the prize, even though they refused to do so at the beginning. (C) Discuss how the experiment explains how a change in thinking can happen that motivates you to voluntarily do something later, even though you had previously refused to do so earlier. (D) Explain why England wanted to tax international trade products in the American colonies, and why the colonists refused to accept these taxes which led to rebellion and the formation of the United States