These are my quesitons. Please answer ASAP> Thanks a lot!

The symmetric equilibrium bidding strategy for a first-price, sealed-bid auction is b(v) = v - v/N. True or False: The buyer with the highest valuation wins the auction. 1 Point True FalseIn an all-pay auction with _ = 8 buyers, if a buyer has a valuation of v = 0.85, which of the following is the closest to the optimal bid? 1 Point b = 0.85 N = 0.744 b =0 b = 0.238The symmetric equilibrium bidding strategy for a first-price, sealed-bid auction is b(v) = v - v/N. True or False: A buyer with the valuation v = 0 receives zero expected surplus. 1 Point Y True False