Question: When a monopolist requires a customer to pay an initial fee for the right to buy a product as well as a usage fee for
When a monopolist requires a customer to pay an initial fee for the right to buy a product as well as a usage fee for each unit of the product bought, this is known as a(n):
| a. | bundling contract. |
| b. | price differentiation. |
| c. | oligopolistic device. |
| d. | two-part tariff. |
| e. | maximizing device. |
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