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Author Question: The management of a rental building faces a rent control situation, where it cannot charge more than ... (Read 45 times)

luminitza

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on: Jul 1, 2018
The management of a rental building faces a rent control situation, where it cannot charge more than 400 a month in rent on the apartment. The management knows that the apartments are high in demand and renters would be willing to be 1000 per month for them. The management decides to offer the controlled rent, rents furniture to its tenants, but successfully bars delivery from competing furniture stores. This is an example of
 a. Tying
 b. Bundling
 c. Exclusion
  d. Fraud

Question 2

A firm practicing direct price discrimination will charge a higher price to
 a. Consumers with an elastic demand
  b. All consumers
  c. Consumers with an inelastic demand
  d. Consumers with unitary elastic demand


zhanghao

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


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