Which of the following statements is true? a. a first-price auction is strategically equivalent to a second-price auction b. a first-price auction is strategically equivalent to an oral english auction c. a second-price auction is strategically equivalent to an oral english auction d. all of the above

You park your car on sixth street and walk over to the quad for lunch. while crossing wright street, you are hit by a bicyclist and knocked to the ground. you hit your head so hard you are knocked out. when you wake up, the person who hit you is gone. you incur $45,000 in medical bills. the person who hit you would be liable for $150,000 in damages if you could find them. your policy will pay: