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Author Question: The iPhone no longer comes pre-loaded with Google Maps but instead has the Apple map application ... (Read 120 times)

elizabeth18

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on: Jun 29, 2018
The iPhone no longer comes pre-loaded with Google Maps but instead has the Apple map application pre-loaded. Regulators might be concerned with this requirement because they might see it as an example of
 
  A) resale price maintenance.
  B) a tying arrangement.
  C) predatory pricing.
  D) collusion to create a monopoly.

Question 2

If the industry in the above figure was perfectly competitive, the level of output would
 
  A) be less than the single-price monopoly level of output.
  B) be the same as the single-price monopoly level of output.
  C) exceed the single-price monopoly level of output by 20 units per day.
  D) exceed the single-price monopoly level of output by 60 units per day.


succesfull

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


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