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Exhibit 4-3 Refer to Exhibit 4-3. Suppose That the Seller Creates a Seller

Question 96

Multiple Choice

Exhibit 4-3 Exhibit 4-3 Refer to Exhibit 4-3. Suppose that the seller creates a tie-in sale between goods X and Y. If P<sub>1</sub> is a price ceiling on good X, the highest price buyers would be willing to pay for good Y is A) P<sub>1</sub>. B) P<sub>2</sub>. C) P<sub>3</sub>. D) P<sub>3</sub> - P<sub>1</sub>. E) P<sub>1</sub> + P<sub>2</sub>.
Refer to Exhibit 4-3. Suppose that the seller creates a tie-in sale between goods X and Y. If P1 is a price ceiling on good X, the highest price buyers would be willing to pay for good Y is


A) P1.
B) P2.
C) P3.
D) P3 - P1.
E) P1 + P2.

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