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1. According to some translations, Nobel Laureate Albert Einstein once said, God does not play dice with the universe. Does this mean that a profit
1. According to some translations, Nobel Laureate Albert Einstein once said, "God does not play dice with the universe." Does this mean that a profit - maximizing firm would never use something like dice or a roulette wheel to help shape its pricing decisions? Why?
2. Does the presence of online auction sites, such as eBay, make it easier or harder for traditional retailers and wholesalers to engage in profitable price discrimination? Why?
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