If Canon Were to Require Every Store That Carried Its

question 99

Multiple Choice

If Canon were to require every store that carried its cameras to charge customers 20 per cent more than the store's cost for each camera, Canon would be practising:

• A)tying
• B)cost-plus pricing
• C)resale price maintenance
• D)aggressive marketing

---

Definitions:

Shared Understanding

The common knowledge or consensus among members of a group, society, or organization regarding beliefs, practices, norms, or values.

Capitalism

An economic system where private ownership and free market principles dominate, aiming for profit through production and exchange.

Exploitation

The unfair treatment or use of someone or something for one's own advantage or profit, often without proper compensation.

Workers

Individuals engaged in a job or activity for wages or salary, often referred to as employees in various sectors of the economy.