Tying Can Be Thought of as a Form of Price

question 194

True/False

Tying can be thought of as a form of price discrimination.

---

Definitions:

Unlimited Liability

A legal structure in business where the owners are personally responsible for all the debts and liabilities of the business.

Mutual Agency

A principle in partnerships where each partner has the authority to bind the partnership to contracts within the scope of the business's operations.

Limited Life

A term that refers to the finite existence of a business entity or an asset's useful life.

Store Equipment

Assets such as shelving, registers, computers, and other machinery used in the operation of a retail store.