in common value auctions a. all bidders know the estimates of the others b. the true value of the item differs across bidders c. each bidder makes their own estimate of the value of the good d. every bidder know the value of the object being sold

Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.