If reservation prices are positively correlated, then
A) pure bundling cannot increase a firm's profit.
B) pure bundling can increase a firm's profit.
C) it is unclear whether or not pure bundling can increase a firm's profit.
D) consumers lose leverage over firms.
A
Economics
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Which of the following restricts the volume of international trade?
a. quotas b. well-enforced property rights c. a stable international monetary framework d. an increase in the rate of economic growth
Economics
The theory of purchasing power parity:
A. contradicts the law of one price. B. extends the law of one price to a basket of goods. C. explains exchange rate movements in the short run, while the law of one price explains exchange rate movements over the long run. D. assumes away inflation to have any validity.
Economics