Archer Deborian and Bullarian Portans Are Working to Get the Best

question 41

Multiple Choice

Archer Deborian and Bullarian Portans are working to get the best price for their aluminum. Both are the leading aluminum dealers in the world and control market prices by collaborating to set prices for their aluminum. What type of Sherman Act violation would this be?

• A) Price gouging
• B) Price profiteering
• C) Pricing arrangement
• D) Price fixing
• E) No violation has occurred since the two are collaborating to se the price.

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Definitions:

Range of Tolerance

is the breadth of environmental conditions (temperature, humidity, light, etc.) within which a particular species can survive and reproduce.

Niche

In ecology, a role or position that an organism or species has in its environment, including how it obtains its food, how it interacts with other organisms, and its contribution to the ecosystem.

Biodiversity

Refers to the wide range of plants, animals, and microorganisms existing within different ecosystems, essential for ecological balance and resilience.

Low-latitude Forest

Ecosystems located close to the Equator, typically rich in biodiversity and defined by warm temperatures year-round.