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(c) For each bidder, what is the Optimal bidding strategy in this auction? ((1) Assuming that bidders follow their Optimal bidding strategies, calculate the seller's

(c) For each bidder, what is the Optimal bidding strategy in this auction? ((1) Assuming that bidders follow their Optimal bidding strategies, calculate the seller's expected revenue in this auction. (e) Compare results in parts (b) and (d) and comment

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