A supermarket sells you a pound of coffee on the condition that you buy a gallon of milk. This is an example of

a. Bundling
b. Tie in Sale
c. Price Discounting
d. Both a and b

d

Economics

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Marsha Murphy complained, "Many jobs that are filled mostly by men offer higher wages than most jobs that are typically filled by women. In many cases, the jobs men have require the same education and skills as the jobs women have

This is clearly unfair. Women should be paid the same wages as men are paid for jobs that are equivalent in terms of their qualifications." Which of the following statements describes Marsha's position? A) Marsha believes that employers are reluctant to hire women for certain jobs because of cognitive dissonance. B) Marsha believes employers assume that men and women have different job preferences. C) Marsha believes that women's wages should include a compensating differential. D) Marsha endorses a concept called comparable worth.

Economics

Suppose at the current level of labor used, MRP = $100 and MFC = $50. To maximize profits, the firm should

A) hire more labor. B) reduce the level of labor. C) maintain the current level of labor. D) shut down.

Economics