A particular cable TV company requires a household to subscribe to its high-speed Internet service if it subscribes to cable TV, and vice versa. This practice
a. is referred to as tying.
b. is regarded by some economists as a form of price discrimination.
c. is controversial among economists because they disagree on whether it has adverse effects for society as a whole.
d. All of the above are correct.
d
Economics
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Reducing prices below cost in order to eliminate competitors (with the intention of later raising prices to recoup all losses) is
A) an empirical impossibility in a free society. B) called induced competition. C) called predatory price cutting. D) increasingly common in the American economy.
Economics
The central idea of supply-side tax cuts is that certain types of tax cuts will increase
a. aggregate demand. b. aggregate supply. c. the supply of imports. d. the supply of money.
Economics