When the pricing of one product produced by a firm adversely affects the revenue earned by another product of the same firm, the second product has been
A) cannibalized.
B) tied.
C) bundled.
D) sacrificed.
A
You might also like to view...
Tracy and Amy are playing a game in which Tracy has the first move at X in the decision tree shown below. Once Tracy has chosen either the top or bottom branch at X, Amy, who can see what Tracy has chosen, must choose the top or bottom branch at Y or Z. Both players know the payoffs at the end of each branch. 
The equilibrium to the game results in ________ for Amy and Tracy relative to what they could get if they could solve their ________.
A. lower payoffs; credible threat B. lower payoffs; commitment problem C. higher payoffs; commitment problem D. lower payoffs; prisoner's dilemma
The engineering approach to estimating incremental environmental costs
a. depends on expert input and is based on least-cost available technology b. obtains estimates of abatement costs directly from polluting sources c. relies on surveys to find the implicit costs of pollution abatement d. is also known as the physical linkage approach
If demand decreases, then quantity supplied will increase
a. True b. False
According to the text application, renewable energy certificates (RECs)
a. can be issued only by major electric utilities b. are sold only as a bundle with one megawatt-hour of green power c. convey rights to the benefits linked to renewable energyto the REC final owner d. all of the above