Unit VI Essay
Auctions can be an important tool for selling goods and gathering information. Auctions are used in multiple venues including agriculture, eBay, and distressed asset sales. The seller does not have to worry about estimating demand and setting a price because the demanders will do that through the auction process.
Write an essay examining the value of auctions in the economy by addressing the following items.
· Explain the difference between oral and second-price auctions, including how they work and their results.
· Use the expected value information to illustrate how having more bidders in an oral auction will likely result in a higher winning bid.
· Explain how the number of bidders in a common value auction affects the outcome of the auction. Relate this to the effect on price in different market structures based on the number of producers.
· Auctions lead to outcomes where buyers reveal their value for the products being auctioned. To successfully price discriminate, firms often rely on buyers revealing their value for products. Explain the conditions necessary for firms to be able to price discriminate.
Your essay must be at least three pages in length (not counting the title and references pages) and include at least three peer-reviewed resources. Adhere to APA Style when writing your essay, including citations and references for sources used. Be sure to include an introduction. Please note that no abstract is needed.
If you need help identifying peer-reviewed publications, review the CSU Online Library resources Peer-Reviewed Resources and video How To Find Peer-Reviewed Resources (Transcript for Peer-Reviewed Resources video).
Thank you so much!Life saver!
Awesome paper! Very reliable and prompt
This was great!
Thank you. I will get back to you next week. There are more classes that I need help.
Thanks a lot. All good
I loved the service it was really fast & efficient. I ended up with an A in my class!
It was a pleasure working with you. You are really responsible and always do you’re best and of course, we will keep working together.
The essay and the Excel file looks good. Thank you for working with me throughout the project.
Thank you for the quick help. I was stuck.
You are a lifesaver. Thank you. I will be needing your help for the midterm exam.
I am very grateful for your help. Without you, I would have quit a long time ago. Appreciate your help 100%.
I know it is APA 7 and it should not have the running headers, but my professor insists on them. Please include them in the upcoming orders. Overall, I liked it and I will be submitting it tonight. Thank you.
Thank you for the help. All good.
You do an exceptional job, have gotten good grades n positive feedback/ comments from my professors since you started helping me.
Thanks. I will handle the replies.
Simple Order Process
Fill in the Order Form
Share all the assignment information. Including the instructions, provided reading materials, grading rubric, number of pages, the required formatting, deadline, and your academic level. Provide any information and announcements shared by the professor. Choose your preferred writer if you have one.
Get Your Order Assigned
Once we receive your order form, we will select the best writer from our pool of experts to fit your assignment.
Share More Data if Needed
You will receive a confirmation email when a writer has been assigned your task. The writer may contact you if they need any additional information or clarifications regarding your task
Let Our Essay Writer Do Their Job
Once you entrust us with your academic task, our skilled writers embark on creating your paper entirely from the ground up. Through rigorous research and unwavering commitment to your guidelines, our experts meticulously craft every aspect of your paper. Our process ensures that your essay is not only original but also aligned with your specific requirements, making certain that the final piece surpasses your expectations.
Quality Checks and Proofreading
Upon the completion of your paper, it undergoes a meticulous review by our dedicated Quality and Proofreading department. This crucial step ensures not only the originality of the content but also its alignment with the highest academic standards. Our seasoned experts conduct thorough checks, meticulously examining every facet of your paper, including grammar, structure, coherence, and proper citation. This comprehensive review process guarantees that the final product you receive not only meets our stringent quality benchmarks but also reflects your dedication to academic excellence.
Review and Download the Final Draft
If you find that any part of the paper does not meet the initial instructions, send it back to us with your feedback, and we will make the necessary adjustments.