Jane wants to auction off an item, but does not know where to go to...
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Jane wants to auction off an item, but does not know where to go to find bidders. David offers to find bidders for her, but will charge her $10 per bidder he gets to show up. Each bidder will uniformly value the item between [500. 1000). The highest bidder will win the item and pay the second-highest bidder's price (Vickrey auction). How many bidders should Jane pay David to find?
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