A consumer values a car at $525,00 . and a producer values the same car at $485,000 . If sales tax is 8% and is levied on the seller, then the sellers bottom line price is

A 10 percent decrease in the price of a Pepsi decreases the demand for a Coca-Cola by 50 percent. The cross elasticity of demand between a Pepsi and Coca-Cola is

A) 50. B) 10. C) 5. D) 0.20.

Bundling is effective when the demands for the bundled products are ________ and ________ correlated

A) different; negatively B) different; positively C) similar; negatively D) similar; positively E) identical; perfectly