When the NCAA basketball tournament will only sell tickets to all three games held at a given site as a package,it is practicing:
A) first-degree price discrimination.
B) second-degree price discrimination.
C) third-degree price discrimination.
D) markup pricing.
E) tying.

Question

Quizplus · Accepted Answer

This practice is an example of tying, where the purchase of one product (a ticket to one game) is conditioned on the purchase of another product or set of products (tickets to all three games). This strategy can force consumers to buy products they may not have otherwise purchased.

When the NCAA Basketball Tournament Will Only Sell Tickets to All