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9. Questionable business practices Complete the following table by indicating whether each of the scenarios describes the concept of tying, resale price maintenance, or predatory
9. Questionable business practices Complete the following table by indicating whether each of the scenarios describes the concept of tying, resale price maintenance, or predatory pricing. Resale Price Predatory Scenario Tying Maintenance Pricing Coolaire is the only rm producing refrigerators. It costs $1,000 to produce a refrigerator, and Coolaire sells each refrigerator for $1,200. Aer Chillbox, a new firm with the same costs as Coolaire, enters the market for refrigerators, Coolaire starts selling its refrigerators for a price of $550. Rhythm is a firm that produces mp3 players. Suppose Rhythm sells its mp3 players to retail stores for $159 each and requires those retailers to charge customers at least $179 for each mp3 player: Snackyville sells a wide variety of snacks to retail grocery stores. Snackyville recently released two new snacks: a popular trail mix and a much less popular granola bar. Snackyville requires grocery stores to buy 15 cases of the granola bar for every 140 cases of the trail mix ordered. True or False: All economists believe that predatory pricing is a protable business strategy. True \\ False
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