Bundling raises higher revenues than selling the goods separately when

A) demands for two goods are highly positively correlated.
B) demands for two products are mildly positively correlated.
C) demands for two products are negatively correlated.
D) there is a perfect positive correlation between the demands for two goods.
E) the goods are complementary in nature.


C

Economics

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The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________.  

A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A

Economics

The largest major change in the U.S. labor force participation rate during the last few decades has been

A) the increase in the number of illegal immigrants in the United States. B) the decrease in the number of working women. C) the number of prisoners dropping out of the labor force. D) the increase in the number of working women.

Economics

The bulk of the decline in the natural rate of unemployment from 1980 to 2000 is because of

A) a decline in the inflation rate. B) a decline in the share of young workers in the labor force. C) increased competition from foreign workers. D) the depreciation of the dollar relative to foreign currencies.

Economics

When supply increases

A. demand decreases. B. price increases because excess supply develops at the original price. C. price decreases because a less supply is available at the original price. D. price decreases because a excess supply at the original price.

Economics