A Business That Takes Steps or Makes an Agreement That

question 35

Multiple Choice

A business that takes steps or makes an agreement that is designed to maintain or control the price of goods is engaging in:

• A)price fixing.
• B)price inflation.
• C)boycotting.
• D)price leadership.

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Definitions:

Portuguese Man-of-War

A marine cnidarian species known for its painful sting, characterized by its floating, gas-filled bladder and long tentacles.

Hydrozoans

Members of a class of predominantly marine animals in the phylum Cnidaria, which includes the Portuguese man-of-war, certain jellyfish, and hydra.

Ctenophores

A phylum of marine animals known as comb jellies, characterized by their gelatinous bodies and rows of ciliary plates for movement.

Flatworms

A group of invertebrates belonging to the phylum Platyhelminthes, known for their flattened bodies and lack of specialized respiratory and circulatory systems.