Horizontal Price Fixing Occurs When

question 146

Multiple Choice

Horizontal price fixing occurs when:

• A) one or more companies charge the same prices for goods at all of their stores for an unreasonable length of time.
• B) a manufacturer requires its independent dealers to sell its products at a set price.
• C) a company with the entire market on a patented product sells the product at a fixed price.
• D) two or more competing companies agree on the prices to charge for their products.
• E) prices are determined with reference to an index, such as the average price of crude oil, which neither the seller nor the purchaser can control.

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Definitions:

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