The management of a rental building faces a rent control situation, where it cannot charge more than $400 a month in rent on the apartment. The management knows that the apartments are high in demand and renters would be willing to be $1000 per month for them. The management decides to offer the controlled rent, rents furniture to its tenants, but successfully bars delivery from competing
furniture stores. This is an example of
a. Tying
b. Bundling
c. Exclusion
d. Fraud
c
Economics
You might also like to view...
What is most affected by the expected rate or pace of economic growth?
A) investment spending B) government purchases C) unemployment D) exports
Economics
A price below the equilibrium price will:
A) result in pressure for price to rise. B) result in a surplus. C) never be the case. D) result in pressure for price to fall.
Economics