Which of the Following Is Least Likely to Be Price

question 14

Multiple Choice

Which of the following is least likely to be price fixing in breach of CCA Part IV?

• A)Competing businesses agreeing to set the same discounts.
• B)Competing businesses agreeing to increase their prices.
• C)Competing businesses agreeing to use a particular formula to set prices.
• D)Competing businesses agreeing to share information about their customers.

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Definitions:

Intermittent Reinforcement

A conditioning schedule in which rewards or punishments are given out at irregular intervals, making the response more resistant to extinction.

Continuous Reinforcement

A method of learning that involves providing a reward after every correct response to ensure the behavior is reinforced.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Discriminative Stimulus

A type of stimulus in the environment that increases the chance of a response due to its association with a reinforcement or punishment.