Homework Clinic
Social Science Clinic => Economics => Microeconomics => Topic started by: kaid0807 on Jul 1, 2018
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What is one reason suppliers might offer a discount for quantity purchases?
A) reduced storage costs
B) lower marginal cost
C) lower marginal benefit
D) price gouging
Question 2
After analyzing his opponent, a tennis player decides to serve 10 of his serves to the left, 50 of his serves to the right, and 40 of his serves at the body of his opponent. This illustrates a
A) deterministic strategy.
B) dominant strategy.
C) mixed strategy.
D) non-game theoretic problem.
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Answer to Question 1
A
Answer to Question 2
C