Bundling
A) is when firms sell multiple separate goods together for a single price.
B) is where a firm wraps its fragile goods in special packaging and charges a higher price than if the goods are put into regular packaging.
C) increases transaction costs for consumers.
D) is illegal in most U.S. states.
A
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A country has an absolute advantage over another if it can produce a good with fewer resources
a. True b. False Indicate whether the statement is true or false
A A country has 50 million people, 30 million of whom are adults. Of the adults, 5 million are not interested in working, another 5 million are interested in working but have given up looking for work, and 5 million are still looking for work. Of those who do have jobs, 5 million are working part time but would like to work full time, and the remaining 10 million are working full time. What is this country's labor force participation rate?country has 50 million people, 30 million of whom are adults. Of the adults, 5 million are not interested in working, another 5 million are interested in working but have given up looking for work, and 5 million are still looking for work. Of those who do have jobs, 5 million are working part time but would like to work full time, and the remaining 10
million are working full time. What is this country's unemployment rate? What will be an ideal response?