Leah Decides to Give Speed Dating a Try

question 4

Multiple Choice

Leah decides to give speed dating a try.In the course of an hour,she will spend three minutes each talking with 20 different men.Without any additional information,which of the following qualities is most likely to make Leah want to date one or more of the men she meets?

• A) intelligence
• B) friendliness
• C) sense of humour
• D) physical attractiveness

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Definitions:

True Value

The actual, inherent worth of an item or phenomenon, often considered in contrast to its market value or perceived value.

Bidders

Individuals or entities that offer to pay a certain price for goods, services, or assets in an auction or competitive bidding process.

Common-value Auction

An auction format where the item for sale has a value that is essentially the same for all bidders, but the bidders may have different information about that value.

Oral Auctions

Auctions where bids are made verbally, allowing for real-time, competitive bidding among participants.