QUESTION
An example of a tying arrangement is:a. a landlord offering free rent for the first month when a tenant signs a one-year lease.b. a car manufacturer installing expensive onboard GPS/navigation systems in all the cars it sells.c. a restaurant offering both Pepsi and Coca-Cola products.d. two companies competing on price.e. a coffee shop offering customers the option of having cream with their coffee for an extra 25 cents.According to the Clayton Act, persons are not allowed to serve as the director on more than __________ board(s) in the same industry.a. fiveb. threec. twod. foure. oneWhen two or more firms form a __________ agreement and set price and quantity in unison, economists refer to them as __________.a. monopolistically competitive, social benefactorsb. Competitive, a cartelc. collusion, social hemgentorsd. collusion, cartele. monopolistically competitive, cartel
ANSWER
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