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    Managerial Economics and Business Strategy Study Set 1
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    Exam 11: Pricing Strategies for Firms With Market Power
  5. Question
    The Purpose of Randomized Pricing Is to Reduce
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The Purpose of Randomized Pricing Is to Reduce

Question 28

Question 28

Multiple Choice

The purpose of randomized pricing is to reduce:


A) consumer price information only.
B) competitor price information only.
C) both customer and competitor information about price.
D) the firm's pricing inflexibility.

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