The pricing technique known as tying
A) permits a firm to meter demand.
B) permits a firm to practice price discrimination.
C) enables a firm to extend its monopoly power to new markets.
D) all of the above
D
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A positive markup is earned by a firm if its
A) price exceeds its marginal cost. B) marginal revenue equals marginal cost. C) price equals marginal cost. D) price equals average total cost.
During 1982-1997, stock prices increased substantially. Which of the following helped to boost stock prices during this period?
a. higher interest rates and rapid growth of corporate profits b. lower interest rates and rapid growth of corporate profits c. higher interest rates and slow growth of corporate profits d. lower interest rates and slow growth of corporate profits
Suppose that Brazil is capital abundant and Chile is natural resource abundant. If timber is natural resource intensive and computers are capital intensive, then
A) Chile will produce more computers after trade begins with Brazil. B) Brazil will produce more timber after trade begins with Chile. C) Chile will produce more timber after trade begins with Brazil. D) Brazil will completely specialize in computers once trade begins with Chile.
All of the following are stock market indexes except
A) the Dow Jones Industrial Average. B) the Russell 100 C) the Standard & Poor?s 500. D) the Wilshire 5000.