This questionnaire will review your understanding of the instructions

How much is the final price that Bidder 1 pays in the end?

Hint: He pays the price and then receives the price adjustment.

He pays
£
as the price for A and receives
£
as the price adjustment.
Thus, Bidder 1's final price is
£
minus
£
which equals
£

Fill in the blanks.

Which of the following is true?