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Author Question: Mixed bundling is more profitable than pure bundling when A) the marginal cost of each good being ... (Read 122 times)

stevenposner

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on: Jul 1, 2018
Mixed bundling is more profitable than pure bundling when
 
  A) the marginal cost of each good being sold is positive.
  B) the consumers' reservation values of each good being sold are not perfectly negatively correlated with one or another.
  C) Both A and B are correct.
  D) the marginal cost of one good is zero.

Question 2

A minimum wage policy induces an:
 
  A) excess demand for labor.
  B) excess supply of labor.
  C) efficient market outcome.
  D) elastic labor supply response.


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Dominic

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

C

Answer to Question 2

B


stevenposner

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Reply #2 on: Jul 1, 2018
Correct answers!


Dominic

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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