Author Question: The owner of a bakery decides to drop the price of lemon cakes by 5, how much does quantity sold ... (Read 72 times)

abern · **on:** Jul 1, 2018

The owner of a bakery decides to drop the price of lemon cakes by 5, how much does quantity sold have to rise to stop the revenue from decreasing
a. 2
b. 3
c. 4
d. 5

Question 2

This sequential game illustrates a
a. Third mover advantage
b. Second mover advantage
c. First mover advantage
d. No advantage based on moves