Microsoft requires people who purchase its operating system to also purchase its web browser. This is an example of:
A. a tie-in sale.
B. competitive pricing.
C. price discrimination.
D. predatory pricing.
Answer: A
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A stockholder ________ an owner of the firm, and a bondholder ________ an owner of the firm
A) might be; is not B) is; is not C) is not; is D) is not; is not E) is; is
Which of the following statements is true?
A) The production possibilities curve of a nation is fixed in the long run. B) The production possibilities curve can only shift to the right. C) The production possibilities curve of an economy is concave to the origin. D) The slope of the production possibilities curve represents the ratio of the marginal cost of producing goods.
Compared to the previous three decades, after 1982 recessions have been ________ and expansions have been ________
A) longer, longer B) shorter, shorter C) longer, shorter D) shorter, longer
When a firm buys a product from another firm in the same company, it is charged
A) an implicit price. B) a market price. C) a predatory price. D) a transfer price.