Suppose demand at a retailer is a function: (100-2*Retail_Price). Suppose the retailer pays a price equal Wholesale_Price to the supplier. The wholesaler procures the item in turn from a manufacturer who charges $7 per unit. Assuming both parties are interested to maximize their own profit, and assuming the supplier anticipates the pricing strategy of the retailer. What is the impact of double marginalization?

Group of answer choices

The supply chain efficiency is maximized but the supply chain profits are suboptimal

The supply chain efficiency is suboptimal but the supply chain profits are maximized

The supply chain efficiency and the supply chain profits are maximized in this case

The supply chain efficiency and the supply chain profits are suboptimal in this case

Suppose demand at a retailer is a function: (100-2*Retail_Price). Suppose the retailer pays a price equal Wholesale_Price to the supplier. The wholesaler procures the item in turn from a manufacturer who charges $7 per unit. Assuming both parties are interested to maximize their own profit, and assuming the supplier anticipates the pricing strategy of the retailer, which of the following is NOT true?

Group of answer choices

Retailer and supplier both make a profit

Retailer makes a loss but the supplier makes a profit

The supply chain overall makes a profit

Supplier makes more profit than the retailer

Suppose demand at a retailer is a function: (100-2*Retail_Price). Suppose the retailer pays $20 to a supplier to purchase the product. What is the optimal retail price that will maximize the retailers profit?