This is a notion is where the winning bidder obtains an unprofitable contract that she or he is duty-bound to deliver because their bid price was set so low so that they won the contract.
A) Winner's blessing.
B) Loser's blessing.
C) Winner's curse.
D) Loser's curse.

Question

Quizplus · Accepted Answer

The correct term is "Winner's curse," which describes the situation where the winning bidder in an auction ends up regretting the win because the bid was too high, leading to an unprofitable contract.

This Is a Notion Is Where the Winning Bidder Obtains