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QUESTION 10 If a hot dog manufacturer acquires a bakery that primarily bakes hot dog buns, you would likely see O a Higher prices for the buns but lower prices for the hot dogs O b. Higher prices for both the hot dogs and the buns O c. Higher prices for the hot dogs but lower prices for the buns O d. Lower prices for both the hot dogs and the buns QUESTION 11 Professional Chefs S70 S130 Carving knives No-name brand High-end professional series $60 In this case the firm should O a Produce only the hi-end professional series Ob. Produce only the no-brand version Home users $40 c. Produce both the versions and price discriminate since doing so gives a higher revenue od. Exit the marketplace QUESTION 12 In the nonstrategic view of bargaining O a. The games are played without identifying the specific strategies b. Both the parties usually get some positive surplus C. The bargaining outcome is affected by both the parties disagreement values d. All of the above
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