Author Question: Why don't we see firms tie-in the sales of fish filets with the sales of pencils? A) because the ... (Read 47 times)

acc299 · **on:** Jul 1, 2018

Why don't we see firms tie-in the sales of fish filets with the sales of pencils?

A) because the demands for these two goods are positively correlated
B) because the demands for these two goods are negatively correlated
C) because the demands for these two goods are independent
D) It violates the Clean Food Act of 1908.

Question 2

The Herfindahl-Hirschman (HH) Index is used to

A) measure the degree of nonprice competition.
B) measure the degree of market concentration in an industry.
C) measure the extent of price leadership.
D) None of the above