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Consider a private-value auction with six bidders. The table below shows the value that each bidder places on the object. Bidder Value 30,000 35,000 20,000

Consider a private-value auction with six bidders. The table below shows the value that each bidder places on the object.

Bidder Value 30,000 35,000 20,000 a U AWN 25,000 15,000 28.000

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