A pharmaceutical company faces a price regulation where it cannot charge any higher than $5,000 for a lifesaving drug. The company knows that the patients put a high value on this product and are willing to pay up to $10,000 for it. The company decides

to sell the drug at $5,000 and receives another $5,000 from administration through their exclusive medical service providers. This is an example of

a. Tying
b. Bundling
c. Exclusion
d. Fraud, the company is not allowed to sell for any higher than the regulatory price


Answer: c

Economics

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The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. Lotus Land is in short-run macroeconomic equilibrium

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________ is a process of bundling together smaller loans (like mortgages) into standard debt securities

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Economics

When the Federal Reserve increases the money supply, people ________

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Economics