Based on the simplified trade relations assumed in the textbook, if two countries specialize according to comparative advantage, and trade according to mutually satisfactory terms of trade, then each country's consumption-possibilities frontier will shift inward relative to autarky

What is the primary difference between bundling and tie-ins?

A) Bundling is typically a one-off purchase. B) Contractual arrangements. C) Tie-ins are one-off purchases. D) Bundling is illegal and tie-ins are legal.

Limits to self-interested payoff maximization that have been studied by behavioral economists include

a. limited cognitive ability. b. limited willpower. c. limits to self interest. d. all of the above.