(Second Price Auction) There are two bidders bidding for one object. Each one's value of the object is his private information and independent of the others, with the values at vi=800 and 12=850. They simultaneously submit their bids bland 62. The one with the higher bid wins the auction but pays the loser's bid the second highest price) Ifb2-500, should bidder I try to win or lose and how much should bidder i bid? A. 1fb2-800, bidder should be indifferent between winning and losing and he should only bid 800. OB.If b2=800, bidder should be indifferent between winning and tosing and he can bid any price. None of the other choices are correct. . oo fb2-800, bidder 1 should try to lose and bid b1-799.99, O E. fb2-800, bidder 1 should try to win and bid b1850