Suppose that you own a toy store and want to buy 100 talking robots. Your supplier will sell you the robots only if you also agree to buy 200 dolls. This is an illegal practice called
A)monopolistic.
B)a tying contract.
C)a cartel.
D)discriminatory.

Question

Quizplus · Accepted Answer

A tying contract is an agreement where the seller conditions the sale of one product (the tying product) on the buyer's agreement to purchase a different product (the tied product). In this scenario, the requirement to buy 200 dolls in order to purchase 100 talking robots is an example of a tying contract.

Suppose That You Own a Toy Store and Want to Buy