Ask Question
13 February, 05:01

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.

+1
Answers (1)
  1. 13 February, 07:56
    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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers