« previous next »

Author Question: A photograph processing machine company requiring customers who buy a processing machine to purchase ... (Read 228 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
on: Jul 1, 2018
A photograph processing machine company requiring customers who buy a processing machine to purchase chemicals and photographic paper from it is an example of
 
  A) bundling.
  B) a requirement tie-in sale.
  C) nonlinear pricing.
  D) two-part pricing.

Question 2

In a simultaneous game where both players prefer doing the opposite of what the opponent does, a Nash equilibrium does not exist.
 
  Indicate whether the statement is true or false
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Bsand8

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

False. There are two Nash equilibria. In each, the two players are doing the opposite of one another. The problem is, it is difficult to know which equilibrium is achieved without some form of collusion.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Photograph of an occupational therapist assisting a patient with learning independence in activities Photograph of an occupational therapist assisting a patient with learning independence in activities
Photograph illustrating the development of an embryo. Photograph illustrating the development of an embryo.
Cirrhosis. Cirrhosis is characterized by a chronic deterioration of the liver, replacing healthy cel Cirrhosis. Cirrhosis is characterized by a chronic deterioration of the liver, replacing healthy cel
Photograph of the flea that transmits Yersinia pestis to cause bubonic plague, called the oriental r Photograph of the flea that transmits Yersinia pestis to cause bubonic plague, called the oriental r
a) Standard PCR machine used for genotyping and (b) agarose gel to detect DNA fragments. a) Standard PCR machine used for genotyping and (b) agarose gel to detect DNA fragments.
Chewing & Swallowing: Food Processing Begins Chewing & Swallowing: Food Processing Begins
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library