Two bookstores are competing for customers. both bookstores can decide to offer discounts to attract more customers. bookstore-a has a 30% probability of offering a discount. the probability that bookstore-b will offer a discount is unknown, and is represented by p. the payoffs for the bookstores depending on whether discounts are offered are listed as follows. bookstore-a finds that the expected payoffs are the same whether the discount is offered or not. bookstore-b also realizes that its expected payoff is identical whether the discount is offered or not.
find payoff value x and probability level p.

Goods and services that can be used for the same purpose are and goods and services that are used together are

Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ