Which of the Following Portrays a Tying Arrangement Subject to Antitrust

question 50

Multiple Choice

Which of the following portrays a tying arrangement subject to antitrust scrutiny?

• A) A manufacturer of flight navigation system requires retailers to sell at a price it specifies.
• B) A manufacturer of flight communication systems requires dealers to carry only its parts.
• C) Navigation system manufacturers of U.S refuse to sell such critical parts to a leading aircraft manufacturer.
• D) A manufacturer of flight communication system grants exclusive rights to a distributing firm.

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Definitions:

Secondary Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer.

Primary Reinforcer

A naturally reinforcing stimulus, such as food or water, that does not require learning to become desirable.

Partial Reinforcement Extinction Effect

A phenomenon where behaviors reinforced intermittently are more resistant to extinction than behaviors reinforced continuously.

Disequilibrium Principle

A concept in economics and game theory where participants' strategies are not in perfect balance, leading to changing strategies over time.