This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: After firm A producing one good acquired another firm B producing another good, it raised the prices ... (Read 64 times)

captainjonesify

  • Hero Member
  • *****
  • Posts: 543
on: Jul 1, 2018
After firm A producing one good acquired another firm B producing another good, it raised the prices for the bundle of goods. One can conclude that the goods were
 a. substitutes
  b. complements
  c. not related
  d. None of the above

Question 2

A pharmaceutical company faces a price regulation where it cannot charge any higher than 5,000 for a lifesaving drug. The company knows that the patients put a high value on this product and are willing to pay up to 10,000 for it. The company decides to sell the drug together with periodic blood testing for 10,000 . This is an example of
 a. Tying
 b. Bundling
 c. Fraud, the company is not allowed to sell for any higher than the regulatory pric
  d. Both A&B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zenzy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


captainjonesify

  • Member
  • Posts: 543
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Rebound Tenderness, Apply Firm Pressure to the Abdomen Rebound Tenderness, Apply Firm Pressure to the Abdomen
Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan). Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan).
Good body mechanics for sitting on chair while performing massage. A. Sit with back and head in ... Good body mechanics for sitting on chair while performing massage. A. Sit with back and head in ...
Kneeling on one knee to keep good alignment when massaging the arms and hands. Kneeling on one knee to keep good alignment when massaging the arms and hands.
Humburger is a good source of niacin , vitamin B6 and pantothenic acid Humburger is a good source of niacin , vitamin B6 and pantothenic acid
Biological control agent: a commercially raised parasitoid wasp about to deposit a fertilized egg in Biological control agent: a commercially raised parasitoid wasp about to deposit a fertilized egg in
Video: Sperm Formation

For a complete list of videos, visit our video library