Multiple Choice
After firm A producing one good acquired another firm B producing another good,it raised the prices for the bundle of goods.One can conclude that the goods were
A) substitutes
B) complements
C) not related
D) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q5: All of the following are true,except<br>A)Some consumers
Q6: The pricing rule MR=MC hold for<br>A)All firms<br>B)Single
Q7: Firm A producing one good acquires another
Q8: A shoe producing firm decides to acquire
Q10: The four P's are<br>A)Price,Product,Psychological,Promotion<br>B)Price,Placement,Psychological,Promotion<br>C)Price,Product,Placement,Promotion<br>D)Price,Product,Psychological,Placement
Q12: Promotion is one dimension to competition.It represents<br>A)The
Q13: Firm's should lower the price of their
Q14: For products like parking lots and hotels,the
Q27: If advertising makes demand of a product
Q71: For products like parking lots and hotels,costs