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Author Question: Stores such as Costco and Sam's Club require an annual membership before you can shop there. This is ... (Read 93 times)

bobthebuilder

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on: Jul 1, 2018
Stores such as Costco and Sam's Club require an annual membership before you can shop there. This is a form of
 
  A) two-part pricing.
  B) price gouging.
  C) a tie-in sale.
  D) anti-competitive behavior.

Question 2

Which of the following constitutes a mixed strategy Nash equilibrium of the Odds and Evens game?
 
  A) Play Even and Odd with 50 probability each.
  B) Play Even with 75 probability and Odd with 25 probability.
  C) Always play Even.
  D) This game has no mixed strategy Nash equilibrium.
Microeconomics ¦ Perloff ¦ 8th Edition
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scottmt

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

A

Answer to Question 2

A


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