try the best that you can please with steps

5. Two individuals are bidding on an object whose value is the average of the signal values each bidder receives (.5* (v,+v)). Both bidders know that the value of the object follows a uniform distribution on the interval from $50 to $100. Both bidders know their own value signals, but they only know that the other person's signal is drawn from a uniform distribution that is on the same interval of $50 to $100. Both bidders also know that each bidder will bid exactly half of their own signal value. a) Suppose the value drawn for bidder 2 (v) is 90. What will be the expected value of the object for bidder 2? (8 points. You have to show your calculation in order to get the full credit) b) Suppose bidder l's signal value v: is 80, and bidder 2's signal value v, is 90. If both bidders follow the rule to bid exactly half of their signal values, who will win this auction? (4 points) c) What will be the winner's profit? (8 points. You have to show your calculation in order to get the full credit) 5. Two individuals are bidding on an object whose value is the average of the signal values each bidder receives (.5* (v,+v)). Both bidders know that the value of the object follows a uniform distribution on the interval from $50 to $100. Both bidders know their own value signals, but they only know that the other person's signal is drawn from a uniform distribution that is on the same interval of $50 to $100. Both bidders also know that each bidder will bid exactly half of their own signal value. a) Suppose the value drawn for bidder 2 (v) is 90. What will be the expected value of the object for bidder 2? (8 points. You have to show your calculation in order to get the full credit) b) Suppose bidder l's signal value v: is 80, and bidder 2's signal value v, is 90. If both bidders follow the rule to bid exactly half of their signal values, who will win this auction? (4 points) c) What will be the winner's profit? (8 points. You have to show your calculation in order to get the full credit)