Given That A₂₃=89 , Find the Value of

question 4

Multiple Choice

Given that A₂₃=89 , find the value of A₂₆ given

• A) 733
• B) 756
• C) 772
• D) 789
• E) None of the above.

---

Definitions:

Bid Shading

A strategy in auctions where bidders intentionally bid lower than their actual value to increase the chance of winning at a lower price.

Bid-rigging

A form of fraud where competitors conspire to determine the winner of a bidding process, undermining fair competition.

English Auctions

A method of sale in which the price ascends and participants bid openly against each other, with the item being sold to the highest bidder.

Sealed-bid Auctions

Auctions in which all bidders simultaneously submit their bids in sealed envelopes, with no bidder knowing the bid of the others.