Respuesta :
Gillette's practice of selling razors at a relatively low cost but marking up the price significantly on its blades when Gillette razors will only work with Gillette blades is an example of tying.
Gillette's pricing method is sightly different as it is selling razors at a relatively low cost but charging more price on its blades while Gillette razors will only work with Gillette blades and no other. As, people have to buy both things together that is, Gillette's razor and the blade, and not just one thing.
This firm understood to have invented razors-and-blades as a business strategy did not play that strategy at the point that it was best situated to do so. It was only after the expiration of the patents that Gillette switched to something similar to razors-and-blades.
Hence, this is an example of tying.
To learn more about Gillette here:
https://brainly.com/question/3221678
#SPJ4
