The argument that consumers will not be willing to pay any more for two items sold as one than they would for the two items sold separately is used to justify the legality of which of the following?

a. resale price maintenance
b. tying
c. predatory pricing
d. free-riding

b

Economics

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A good for which demand decreases when income decreases is known as a(n) ________ good

A) normal B) inferior C) complementary D) substitute

Economics

Labor costs $20 per worker and capital costs $100 per unit. Then, according to the above table, which of the following options for pizza production is technologically efficient?

A) Option 1 B) Option 2 C) Option 4 D) All of the above listed options are technologically efficient.

Economics