Question

On the consumer sales day known as "Black Friday" after Thanksgiving, your local department store guarantees $10 gift cards to the first 100 customers at check-out, with one gift card worth $1,000.

What economic strategy is being used if a person wants to be assured to get a gift card?
A) lottery
B) majority rule
C) first-come-first-served
D) personal characteristics

Answer 1

C because I need to do 20 characters

Answer 2

The answer to this question is C) first-come-first-served. By limiting the gift cards to only the first few customers, this is very well following the first-come-first-served strategy. Any other customers that are late will not get a gift card.