Now let's suppose that there are three bidders who have independent, private values vi which are either 1 or 3. for each bidder,
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The solution of the linear equation is x = 0.
<h3>What is the linear equation?</h3>An equation is a mathematical statement, which has an equal sign (=) between the algebraic expression.
Linear equations are the equations of degree 1.
The given linear equation is;
The value of x is determined in the following steps given below.
Hence, the solution of the linear equation is x = 0.
To know more about linear equations click the link given below.