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1. Differentiate direct with indirect price discrimination. State a specific scenario to explain the difference between the two 2. Choose one among the strategic games
1. Differentiate direct with indirect price discrimination. State a specific scenario to explain the difference between the two 2. Choose one among the strategic games discussed in Chapter 16 and elaborate using a specific example. 3. Why do you think uncertainty in pricing arises when the demand for a product is unknown? How can you relate this to the law of demand? 4. What is the difference between risk and uncertainty when it comes to financial markets? Why is it critical to know the difference between the two?
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