Grocery coupons and mail-in rebates are forms of price discrimination

Voluntary recycling is available in many parts of the country. If citizens of these areas have collected recyclable material at home, they can bring it to a recycling center. These materials reduce landfill space, reduce the need for virgin material extraction, and provide an inexpensive input in many production processes. The information in this question suggests what about areas without

voluntary recycling? a. Externalities exist. b. There is mandatory recycling. c. Raw materials are less expensive. d. The cost of production is higher. e. Nothing.

A player's best response is:

A. a strategy that provides him with a minimum payoff, assuming that other players behave in a specified way. B. a strategy that provides him with the highest possible payoff, assuming that other players behave in a specified way. C. a strategy that provides him with some payoff defined by a probability. D. None of these is correct.