=+ When a balloon is hit, its owner is out. When only one balloon remains, its owner

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=+ When a balloon is hit, its owner is out. When only one balloon remains, its owner gets a $1000 prize.

At the outset, the players decide by lot the order in which they will fire, and each player can choose any remaining balloon as his target.

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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