Anna's Antiques Expects to Get Two Bidders for the Unique

question 98

Multiple Choice

Anna's Antiques expects to get two bidders for the unique china teacup it sells.Each of the bidders can either have a high-value of $100 or a low-value of $70 with equal probability.If Anna receives $70 from the auction,she can infer that

• A)​Both the bidders were high value bidders
• B)Both the bidders were low value bidders
• C)One of the bidders was high value,while the other was low value
• D)​All of the above

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Definitions:

Code Switching

The practice of changing from one mode of speech to another as the situation demands, whether from one language to another or from one dialect of a language to another.

Ethnolinguistics

The study of the relationship between language and culture, and how ethnic groups perceive the world.

Bilingualism

Bilingualism is the ability to speak and understand two languages fluently, which can enhance cognitive abilities and cultural awareness.

E-Mail Communication

The electronic transmission of messages over a network, allowing individuals to send text, files, or other information from one person to another.