Which of the following is true for the game in Scenario 13.3?
A) Moto's dominant strategy is the CD changer.
B) Moto's dominant strategy is the free maintenance.
C) Zport's dominant strategy is the low-profile tires.
D) Zport's dominant strategy is the sun roof.
E) Neither company has a dominant strategy.
C
Economics
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Which of the following is NOT a necessary condition for a firm to price discriminate?
A) The firm must be able to separate markets. B) Buyers in different markets must have different elasticities of demand. C) Resale of the product must be preventable. D) The firm must be a price-taker.
Economics
An example of deflation since the base year would be a CPI in the current year of
A. 90. B. 100. C. 110. D. 200.
Economics