Which of the Following Prohibits Price Discrimination That Lessens Competition

question 31

Multiple Choice

Which of the following prohibits price discrimination that lessens competition among wholesalers and retailers?

• A) Sherman Antitrust Act
• B) Robinson-Patman Act
• C) Lanham Trademark Act
• D) Federal Trade Commission Act
• E) Wheeler-Lea Act

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Definitions:

Material Reward

Tangible incentives such as money, bonuses, or gifts given to employees as recognition for their work or achievements.

Expectancy Theory

A psychological theory that explains motivation as a function of an individual's expectation that effort will lead to high performance and high performance will lead to desired outcomes.

Task

A specific piece of work or duty assigned to someone as part of a job or course of study.

Motivational

Pertaining to or involving the reasons why one engages in a particular behavior, particularly those that drive, direct, and maintain goal-oriented actions.