Tying sales is a market practice designed to increase sales volume. A "tying sales" situation is said to occur when what happens?   Select the correct answer below:   1. A customer is required to buy one product only if the customer also buys a second product.   2. Two or more products are sold as one.   3. Firms divide markets by allocating customers.   4. An existing firm reacts to a new firm by dropping prices very low until the new firm is driven out of the market.

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Economic Growth

It means the rise in the manufacturing levels of a country’s products/services over a while. It is calculated in terms of the real income of the people of the country. When the production of products/services begins, the manufacturers will hire employees, which in turn raises the income of the people and it will also raise the buying power, this eventually leads to the circulation of money that directly helps in the increase in the Gross Domestic Product (GDP). Thus, GDP is calculated by economists to calculate the growth in the country.