Suppose Slow Ketchup requires that, as a condition of purchase, all restaurants using its product must buy and make available its new sales product. This arrangement is an example of:
A. price-fixing.
B. an interlocking directive.
C. a tying contract.
D. price discrimination.
Answer: C
Economics
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A country's exchange rate is the
A) price of its currency in terms of another currency. B) ratio of imports to exports. C) ratio of exports to imports. D) ratio of net exports to real GDP.
Economics
An increase in interest rates might be an example of a ________ policy for the purpose of ________
A) monetary; reducing inflation B) monetary; lowering unemployment C) monetary; increasing the quantity of money D) fiscal; reducing inflation E) fiscal; lowering unemployment
Economics