Tying can be thought of as a form of price discrimination
a. True
b. False
Indicate whether the statement is true or false
True
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Because of the large number of firms that operate in the agricultural industry, the supply of agricultural products is inelastic over the entire range of output
Indicate whether the statement is true or false
Incentives for borrowers and savers in the loanable funds market are determined by the nominal interest rate as opposed to the real interest rate
a. True b. False Indicate whether the statement is true or false
A put option described as out of the money would find:
A. the market price of the stock is below the strike price. B. the strike price is below the market price of the stock. C. the market price of the stock and the strike price are equal. D. the option has expired.
Performance compensation that is tied to outcomes out of the employees' control will provide employees with the incentive to work hard.
Answer the following statement true (T) or false (F)