What is one way firms can enforce tie-in sales?
A) One of the goods has no close substitutes.
B) contractual arrangements
C) information asymmetry
D) Any of the above.

Question

Quizplus · Accepted Answer

Tie-in sales can be enforced through various methods, including creating a situation where one of the goods has no close substitutes, making it difficult for consumers to switch to another product; through contractual arrangements that legally bind the consumer to buy the tied products; and leveraging information asymmetry, where the seller has more information about the product or service than the buyer, influencing their purchasing decisions.

What Is One Way Firms Can Enforce Tie-In Sales