Vertical integration often aims to
a. Prevent the retailers from defeating upstream price discrimination through arbitrage
b. Reward the retailer for undertaking the risk inherent in introducing a new product
c. Avoid paying higher taxes
d. All of the above
d
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Tacos in a Box sells its hard shell tacos, taco seasoning, and taco sauce as a package and does not sell the individual products separately. This is an example of ________.
A) pure bundling B) mixed bundling C) an all-or-nothing offer D) two-part pricing
In 1776, the American Revolution was sparked by anger over
a. the extravagant lifestyle of British royalty. b. the crimes of British soldiers stationed in the American colonies. c. British taxes imposed on the American colonies. d. the failure of the British to protect American colonists from attack by hostile Native Americans.
Aggregate demand:
A. Refers to the collective behavior of all buyers. B. Reflects the total quantity of output produced. C. Increases when the price level increases. D. Is influenced directly by aggregate supply.
Which of the following is an example of an inverse relationship?
A) hours of study and test grade B) calories eliminated from diet and weight loss C) the number of hours working while not studying for a test and test grade D) amount of snowfall and profits of ski resorts