Which of the Following Is a Similarity Between Price Fixing

question 62

Multiple Choice

Which of the following is a similarity between price fixing and predatory pricing?

• A)Both are illegal under the Federal Trade Commission Act.
• B)Both are fine-tuning techniques that do not change the general price level.
• C)Both typically discourage and block competition from entering a market.
• D)Both may ignore demand or cost or both.

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Definitions:

Negative Return

A loss incurred from an investment where the total costs exceed the total revenues.

Social Impact

The effect of an activity on the social fabric of the community and well-being of individuals and families.

Energy Consumption

The amount of energy consumed by business processes or systems, often measured in kilowatt-hours (kWh) or megajoules.

Private Market

A component of the financial market in which financial instruments and assets are traded directly between parties without a public exchange.