If a buyer who wants product A is required by the seller to buy its products B and C as well, this is called
A)an exclusive contract.
B)profit maximization.
C)competitive pricing.
D)a tying contract.

Question

Quizplus · Accepted Answer

A tying contract is when a seller requires a buyer to purchase additional or unrelated products in order to obtain the desired product. This practice can restrict competition and force consumers to buy items they may not want.

If a Buyer Who Wants Product a Is Required by the Seller