{{ block title }} Understanding Questions {{ endblock }} {{ block content }}
You will now complete 2 questions to ensure you have understood the instructions for the Second Main Task. You must get all of these correct to proceed to the practice rounds.
Question 1:
If you bid $8 and the random number drawn this round is 4, which of the following is true?
Question 2:
Suppose that you value a reduction in the citizens' information levels at $6 for a given round. Which of the following is the optimal bidding strategy?