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Complete the following table by matching each of the scenarios to the concept of resale price maintenance, predatory pricing, or bundling. Scenario Resale Price Maintenance
Complete the following table by matching each of the scenarios to the concept of resale price maintenance, predatory pricing, or bundling. Scenario Resale Price Maintenance Predatory Pricing Bundling RightRound sells a wide variety of records to retail record stores. RightRound recently pressed two new records: a popular pop punk album and a much less popular smooth jazz album. RightRound requires record stores to order 15 copies of the smooth jazz album for every 120 copies of the pop punk album bought. Citron is a firm that manufactures electric scooters. Suppose Citron sells its electric scooters to online retailers for $930 each and requires those online retailers to charge at least $960 to shoppers for each electric scooter. Warm Winds is the only firm producing air fryers. It costs $420 to produce one air fryer, and Warm Winds sells each air fryer for $950. After Sirocco, a new firm with the same costs as Warm Winds, enters the market for air fryers, Warm Winds starts selling its air fryers for a price of $330
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