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We consider an auction on eBay. Suppose that the ticking price is $2 for all prices. The starting price is $10. On Monday. bidder 1
We consider an auction on eBay. Suppose that the ticking price is $2 for all prices. The starting price is $10. On Monday. bidder 1 places a bid of $30. On Tuesday, bidder 2 arrives and places a bid of $14. On Thursday. bidder 3 arrives and places a bid of $17. On Friday, bidder 4 arrives. What is the minimum bid bidder 4 would see on Friday? 018 021 032 019
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