: Your company produces wooden porch furniture. Why would it be difficult for you to move the fair market value line higher for your line of Adirondack chairs? View
: A pricing team is using game theory to guide their pricing strategy. What advice would you be most likely to expect a seasoned member of the team to share? View
: Look at the signaling game in extensive form below. Which of these describe the most strategic decision? View
: A company is considering whether or not they can enter a market that has established companies. Which of the following best describes the sequential game they might have in this scenario? View
: A gas company sells gas to its largest distributors at a lower cost than it offers its smaller retailers in Spokane, Washington. The gas company has the same costs with both companies. How likely is it that this situation is a violation of antitrust legislation? View
: The embroidery and custom sewing company you grew from a hobby into a full-time business has the biggest share of a market that doesn’t have many players. How should you price your services? View
: The plumbing company you started is still growing and is the price follower in the market. How should you price your services? View
: Your company makes organic and all-natural cleaning products, and you’ve expanded into personal care items for babies and adults. You’d like to have the retailers you work with carry these new products as well as the existing cleaning product lines. How could you implement a pricing strategy that will most likely comply with antitrust legislation? View
: The maker of canning machines requires companies leasing their machines to also buy the salt they’ll need for the canning process from them. Given the details of this situation, assess how likely it is to be a violation of antitrust legislation. View
: Which of these actions would be most likely to be considered a per se violation of the Sherman Antitrust Act? View
