What is the primary difference between bundling and tie-ins?
A) Bundling is typically a one-off purchase.
B) Contractual arrangements.
C) Tie-ins are one-off purchases.
D) Bundling is illegal and tie-ins are legal.
A
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Refer to Table 18-3. Given the following exchange rates in the above table, what are the exchange rates stated as U.S. dollars per Danish krone and U.S. dollars per EU euro respectively?
A) 0.02 dollars per krone and 0.70 dollars per euro B) 0.05 dollars per krone and 1.30 dollars per euro C) 2.00 dollars per krone and 7.14 dollars per euro D) 0.20 dollars per krone and 1.43 dollars per euro
"If the United States enters a war in the Middle East, gasoline prices will go up." This statement is an example of
A) a positive statement. B) an argument. C) a normative statement. D) a factual statement.
The benefits from international trade include
A. A rightward shift of the production possibilities curve. B. A higher standard of living for every person. C. A higher rate of population growth. D. Greater efficiency in the use of the world's limited resources.
Which of the following will cause the consumption schedule to shift upward?
a) an increase in the amount of consumer indebtedness b) a reduction in the wealth or assets held by consumers c) an expectation in future declines in the consumer price index d) an expectation of future shortages of essential consumer goods e) a growing belief that personal income will decline in the future