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Author Question: A gamble can be described as fair if the expected value of the gamble (including any costs of play) ... (Read 56 times)

darbym82

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  • Posts: 570
on: Jul 1, 2018
A gamble can be described as fair if the expected value of the gamble (including any costs of play) is
 a. positive.
  b. zero.
  c. negative.
  d. one.

Question 2

The conditions for unaligned retailer and manufacturer incentives include
 a. customers are unfamiliar with the product features before they shop for it
  b. retailers have no opportunity to educate consumers
  c. manufacturers are more efficient at education consumers
  d. demand for the product is decreased with some consumer education


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xoxo123

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


darbym82

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  • Posts: 570
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

isabelt_18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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