Examlex
MATCHING. Choose the item in column 2 that best matches each item in column 1.
Match the term with the correct description.
-Site stress
Price Fixing
An illegal practice where businesses agree on prices for their products or services, rather than letting competition in the marketplace determine them.
Price Signaling
The act of changing prices to convey information to consumers and competitors about a product's quality, demand, or supply.
Competitors' Prices
The pricing levels set by firms operating in the same market space, which influence pricing strategies and market positioning.
Price Signaling
The practice of setting prices to convey information to the market, such as the quality of a product, or to influence competitors' pricing strategies.
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