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When a Monopolist Requires a Customer to Pay an Initial

Question 24

Multiple Choice

When a monopolist requires a customer to pay an initial fee for the right to buy a product as well as a usage fee for each unit of the product bought,this is known as a(n) :


A) bundling contract.
B) price differentiation.
C) oligopolistic device.
D) two-part tariff.
E) maximizing device.

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