A Market Division by Class of Customer Between Rival Firms

question 51

True/False

A market division by class of customer between rival firms does not violate antitrust law.​

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Definitions:

Assumptive Worlds

The view that people live in social worlds based on certain beliefs (assumptions) about reality

Accessibility

How easily something comes to mind

Downward Comparisons

A psychological strategy where individuals compare themselves to others who are worse off in order to feel better about their own situation.

Presumptive Reasoning

A form of logical thinking that makes assumptions based on general rules or past experiences, leading to conclusions that are taken as likely true.