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Suppose bidder 1's cost is 12, bidder 2's cost is 18. Suppose the minimum bid decrement is 5. If the current low bid is 20

Suppose bidder 1's cost is 12, bidder 2's cost is 18. Suppose the minimum bid decrement is 5. If the current low bid is 20 submitted by bidder 2, how much bidder 1 should bid _____________. Bidder 2 should _______________. The auction price will be _____________ and the winner is Bidder _____________.

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