If the CPI for year 1 was 106.1, while that for year 2 was 112.4, then the inflation rate for year 2 was:

If Tom does not tattle, what would Sarah's best response be

a. Hit b. Not hit c. Run d. Hide

Vertical relationships can increase profits through

a. preventing firms from evading regulation b. creating a double-markup problem c. making the incentives of manufacturers and retailers unaligned d. facilitating price discrimination