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NEW QUESTION: 1

A. Option D
B. Option A
C. Option C
D. Option B
Answer: B,C

NEW QUESTION: 2
What may vary depending upon the interest rates, the credit rating of the firm, and the opportunities the firm may have for investment?
A. Inventory cost
B. Normal cost
C. Capital cost
D. Item cost
Answer: C

NEW QUESTION: 3
A company wants to sell an extremely rare antique. The company does not know how highly consumers value the antique, but it knows that any single consumer's value will rise if the consumer believes other people have a high value for the antique. How should the company sell the item to maximize its price?
A. Conduct a sealed first-price auction
B. Conduct either a Vickrey (sealed second-price) auction or a sealed first-price auction
C. Conduct an English (open outcry) auction
D. Conduct a Vickrey (sealed second-price) auction
Answer: C