Fri Nov 12 32% AA A ezto.mheducation.com + cefinalMC-1 10 - Homework: T... What is the optim... Quiz: Game Theor... x 22 - Quiz: Game T... iz: Game Theory, Pricing Str... i Saved Help Save & Exit Submit 22 What is the optimal bid for an individual participating in a first-price, sealed-bid auction with independent private values? 01:25:38 Multiple Choice Book There is not an optimal bid strategy for all individuals when independent private values exist. Bid less than the individual's valuation of the item. Bid exactly the individual's valuation of the item. O Bid more than the individual's valuation of the item