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Which of the following statements about tying and bundling is true? (i) Tyi...
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Which of the following statements about tying and bundling is true?
(i) Tying is a form of price discrimination in which one good, called the base good, is tied to a second good called the variable good.
(ii) Firms price discriminate by pricing the base good above cost and the variable good below cost.
(iii) Bundling requires products to be purchased together in a bundle or package.
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