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() i agree on the high bid being what you're willing to pay, but that's not my point.
Ok...here's a simple quiz. Pick one answer.
You bid on a chip with an opening bid of $0.99. Your high bid is $10.00. The auction will end with you as the winning bidder. Which of the following is the price you prefer to pay?
a) $0.99
b) $1.99
c) $2.99
d) $3.99
e) $4.99
f) $5.99
g) $6.99
h) $7.99
i) $8.99
j) $9.99
There is only one sensible answer to this question.
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