Spike Equino is the CEO of a private medical equipment company that is proposing to sell 106,000 shares of its stock in an open auction. Suppose the company receives the bids in the following table.   Shares Price 21,200 $86 10,700 84 15,700 79 26,200 76 10,700 75 8,700 73 15,200 72 15,600 71 30,600 67   a. What will be the company’s total receipts from the sale if the auction is a discriminatory auction?   b. What if it is a uniform price auction?

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