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#1 . ________________ is a pricing tactic a firm uses for two products that work only when used together. The firm sells one item at
#1 . ________________ is a pricing tactic a firm uses for two products that work only when used together. The firm sells one item at a very low price and then makes its profit on the second high-margin item.
A) Two-part pricing
B) Price bunding
C) Captive pricing
D) Penetration pricing
E) Skim pricing
#2 In a market with ___ the market consists of many buyers and a few sellers who are likely to have similar pricing
A) Pure competition
B) Monopolistic competition
C) Oligopolistic competition
D) A pure monopoly
E) Socialism
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