Completing the table by indicating whether each of the scenarios describes the concept of tying, resale price maintenance, or predatory pricing is as follows:
When prices are set very low to eliminate the competition, it is described as predatory pricing.
For example, in scenario 1, Heat-em-up engages in predatory pricing when it lowers its price for a grill to $330 from $950.
Resale price maintenance involves an agreement between the producer and the retailer that retail prices should not be set below a set amount.
For example, in scenario 2, Televix engages in resale price maintenance when it requires its retailers to charge customers at least $840.
Tying is an arrangement that ensures a retailer purchases two or more products from a manufacturer when they want to purchase some other goods.
For instance, in scenario 3, Book Bound engages retail bookstores in tying or bundling as it requires them to buy 15 copies of the history book for every 120 copies of the mystery novel ordered.
Thus, it is true that by product bundling the two books together, Book Bound can force bookstores to pay more than they would have paid had they purchased only the history books.
Learn more about tying, resale price maintenance, or predatory pricing at https://brainly.com/question/13057117 and https://brainly.com/question/15004897
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