When Parties from Different Levels of Production, Manufacturing, and Distribution

question 2

Multiple Choice

When parties from different levels of production, manufacturing, and distribution agree to set prices at a certain level, they are committing what type of offense?

• A) horizontal price fixing
• B) vertical price fixing
• C) price gouging
• D) market allocation

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Definitions:

Sex Chromosome

A chromosome in the shape of a Y (male) or an X (female) that determines the anatomic sex of the child.

Deoxyribonucleic Acid (DNA)

Genetic material that takes the form of a double helix composed of phosphates, sugars, and bases.

Cytosine

One of the four main nucleobases found in DNA and RNA, which pairs with guanine.

Guanine

One of the four main nucleobases found in the nucleic acids DNA and RNA.