Tie-in sales:
A. are legal under the Clayton Act.
B. are the same as predatory pricing.
C. were banned under the Hart-Scott-Rodino Act.
D. are contracts that prevent purchasing one good without purchasing another.
Answer: D
Economics
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Under a pure price system, the decision of resource allocation is made by
A) the head of the government. B) those who have the right to vote in government elections. C) individuals who own the resources. D) no one.
Economics
Allocative efficiency is achieved when
A) goods and services are fairly distributed among consumers in an economy. B) firms produce the goods and services that consumers value most. C) firms produce goods and services at the lowest cost. D) there are no shortages or surpluses in the market.
Economics