Which of the following describes a tying contract?
a. The seller of one product requires the buyer to purchase some other product(s).
b. One firm buys the stock of a competing firm.
c. The directors of one company serve on the board of directors of another company in the same industry.
d. An agreement between a manufacturer and a retailer based on the condition that the retailer is not to carry any rival products of the manufacturer.
a
You might also like to view...
The slope of the aggregate supply curve shows that the ________ the price level, the ________
A) lower; is the quantity of potential GDP supplied B) lower; greater is the quantity of real GDP supplied C) higher; is the quantity of potential GDP supplied D) higher; greater is the quantity of real GDP supplied E) higher; smaller is the quantity of real GDP supplied
Figure 11-6
At its optimal output level, the profit-maximizing monopolist in Figure 11-6 will earn a profit equal to
A. zero. B. (P2? P3)Q. C. P > Q. D. (P5? P6 )Q.
In 2002, what country’s banking system went bankrupt because of a sharp depreciation of its exchange rate?
a. Chile b. Malaysia c. Argentina d. United States
(Consider This) Which of the following methods is used by farmers to "hedge" against short- run price and output fluctuations?
A. Securing prices for their output in the futures market. B. Purchasing crop revenue insurance to insure against natural disasters. C. Leasing land to other farmers in return for stable rent payments. D. All of these risk-management techniques are used.