Author Question: A photograph processing machine company requiring customers who buy a processing machine to purchase ... (Read 217 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
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


Bsand8

  • Sr. Member
  • ****
  • Posts: 327
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
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

For a complete list of videos, visit our video library