Which of the Following Sentences Avoids Noun Conversion

question 25

Multiple Choice

Which of the following sentences avoids noun conversion?

• A)Your supervisor will give consideration to all capital budget requests.
• B)The committee worked on the establishment of a fund for scholarships.
• C)The benefits committee will be responsible for the acquisition of an endowment.
• D)The scholarship committee approved the plan.

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Definitions:

Private Values

A situation in auctions where the value of an item is known only to the bidder, not affecting the valuation of the item by other bidders.

Dutch Auction

An auction mechanism where the price starts high and decreases until a bidder accepts the price, securing the sale.

Rational Bidders

Individuals who participate in auctions or bidding processes and make decisions based on maximizing their utility.

Common-Value Auction

In a common-value auction, all bidders have the same valuation for the auctioned item, but they may have different information about the item's actual value.