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Software Sales
A software company sells a package that retails for $99. Quantity discounts are given according to the following table.
Quantity Discount
10-19 20%
20-49 30%
50-99 40%
100 or more 50%
Develop a program that asks for the number of units sold and computes the total cost of the purchase. Input Validation: Make sure the number of units is greater than 0.
Refer to the payoff matrix below. Based on the information on the payoff matrix, what is the dominant strategy?
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What does this imply for the shape of your short-run marginal cost curve? What does it imply for your pricing?
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