Ask Question
BusinessBusiness
26 August, 08:26

The practice of tying is used to: a. control the retail price of a collection of related products. b. package products to sell at a combined price closer to a buyer's total willingness to pay. c. encourage the enforcement of collusive agreements. d. enhance the enforcement of antitrust laws.

+4
Answers (1)
  1. 26 August, 08:41
    0
    b. package products to sell at a combined price closer to a buyer's total willingness to pay.

    Explanation:

    Tying is a process under which a product is sold tied to some other product which ensures, that the buyer is not buying the product from somewhere else, and that the product is sold in combination with that of some other product at a price closest to the willingness of the buyer.

    Thus, statement b) is most appropriate

    that states that the combined product is sold at a price which is almost or nearby to the price which the buyer would be willing to pay.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The practice of tying is used to: a. control the retail price of a collection of related products. b. package products to sell at a ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A company collected $10,000 cash from a customer as a deposit for goods that will be shipped next quarter.
Answers (2)
Other things the same, an increase in population growth decreases capital per worker. however, there is some evidence that a higher population growth rate may increase the pace of technological progress.
Answers (1)
Suppose Susan wants to buy lumber to build a small deck in her backyard. She goes to Joe's Lumber Yard to purchase the lumber and describes to Joe, the owner of the lumber yard, the size of the deck she intends to build.
Answers (1)
Turner Fund, a voluntary health and welfare organization funded by contributions from the general public, received unrestricted pledges of $300,000 during 20X4. It was estimated that 10 percent of these pledges would be uncollectible.
Answers (1)
Countries where mahogany, palisander, sapele and chlorophlora can be sourced. Packing options for transporting the wood and their merits and demerits.
Answers (1)
New Questions in Business
K. Kolmer, C. Eidman, and C. Ryno share income on a 5 : 3 : 2 basis. They have capital balances of $26,200, $29,400, and $15,300, respectively, when Don Jernigan is admitted to the partnership.
Answers (1)
Kogler Corporation's relevant range of activity is 7,000 units to 11,000 units. When it produces and sells 9,000 units, its average costs per unit are as follows:Average cost per unitDirect Materials $4.85Direct Labor $4.
Answers (1)
Wolfgang, who is age 33, records AGI of $125,000. He incurs the following itemized deductions for 2018: Medical expenses [$15,000 - (7.
Answers (1)
If Bojana Tax Services' office supplies account balance on March 1 was $1,400, the company purchased $675 of supplies during the month, and a physical count of supplies on hand at the end of March indicated $1,250 unused, what is the amount of the
Answers (1)
During Burns Company's first year of operations, credit sales totaled $156,000 and collections on credit sales totaled $113,000. Burns estimates that bad debt losses will be 1.0% of credit sales.
Answers (1)
Home » Business » The practice of tying is used to: a. control the retail price of a collection of related products. b. package products to sell at a combined price closer to a buyer's total willingness to pay. c. encourage the enforcement of collusive agreements. d.
Sign Up Forgot Password?