Question: Answer the Following Questions Before the Game: For each question, please select the single correct answer from the given choices. 1. You play with the

Answer the Following Questions Before the Game:
Answer the Following Questions Before the Game: For each question, please select the single correct answer from the given choices. 1. You play with the same partner throughout the experiment. (a) True. (b) False. 2. In this experiment, what factors determine your profit if you are a retailer? (a) Your decision, your partner's decision, and chance. (b) Only your decision. (c) Your decision and your partner's decision. (d) Your decision and chance. 3. Suppose the retailer observes that X=200. At this time, what does the retailer know about the final customer demand D=X+Y ? (a) Final customer demand is equal to 200. (b) Final customer demand must be a value between (200-75) and (200+75). (c) Final customer demand must be a value between (100-75) and (400+75). 4. Suppose that the retailer reports X=200. What does the supplier know about the final customer demand? (a) Final customer demand must be some value between (200-75) and (200+75). (b) Final customer demand must be equal to 200. (c) Final customer demand must be some value between (100-75) and (400+75). 5. In the following table, what are the values of the three variables a,b and c ? (a) a=100,b=3000,c=2400. (b) a=120,b=3600,c=2400. (c) a=100,b=3000,c=2000

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