Ex11615

Ex11615 - You are one of 4 competing sellers. You have 100...

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You are one of 4 competing sellers. You have 100 units to sell. Variable cost is zero. You must post a price. The buyer buys 100 units from the seller with lowest posted price. In event of tie, he splits order What price do you post?
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This note was uploaded on 12/25/2011 for the course ECON 1 taught by Professor Bergstrom during the Fall '07 term at UCSB.

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Ex11615 - You are one of 4 competing sellers. You have 100...

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