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Consider instead the generalized second price auction. If all agents make bids equal to their true values, then the first slot is obtained by (A)

Consider instead the generalized second price auction. If all agents make bids equal to their true values, then the first slot is obtained by (A) bidder i = 1. (B) bidder i = 2. (C) bidder i = 3. (D) bidder i = 4.

11. The price that is paid for the first slot is (A) 340. (B) 400. (C) 500. (D) 100.

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