What Is A Term For Situation In Which Firms Limit Their Output
Question
1. When a company sells a buyer certain goods only on condition that the buyer also purchases other goods from the firm, this is known as _______.
a. manipulation of supply
b. exclusive dealing arrangements
c. price discrimination
d. tying arrangement
2. Which of the following is the term for a situation in which firms limit their output?
a. market allocation
b. bid rigging
c. exclusive dealing arrangements
d. manipulation of supply
Summary
These multiple choice questions belong to Economics. The 1st question discusses about what is it when a company sells buyer certain goods only on condition that buyer purchase other goods is known as and the 2nd question discusses about what is a term for situation in which firms limit their output.
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