Solve clearly

Which of following statements about the optimal bidding strategy in a rst-price, sealed bid (FPSB) private value auction is correct? Assume values are distributed along a uniform distribution from 0 to 1. Unless otherwise stated, the usual assumptions apply unless it says otherwise. a. Bidder iis risk neutral, has a valuation of $0.50, and there is one other risk neutral bidderj wherej bids own valuation. If bidder Lbids optimally, then i's EXPECTED payoff at this optimal bid is $0.25. b. if you believe three of the other listed options are correct, choose this option. c. In FPSB auction bidders will optimally bid some bi