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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
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?
Options:
a) Yes - a profit a profit-maximizing firm should always have a deterministic pricing strategy.
b) No - a profit-maximizing firm may use dice or a roulette wheel when engaging in randomized pricing.
Please indicate which option is correct.
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