The Fee to Enter a Music Event Is Set at $100

question 27

Multiple Choice

The fee to enter a music event is set at $100 for men and $50 for women.This is an example of:

• A)price fixing.
• B)price discrimination.
• C)predatory pricing.
• D)referral selling.
• E)resale price maintenance.

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Definitions:

Federal Power

The authority held by the federal government, as outlined in a country's constitution, over national issues.

Wickard V. Filburn

A landmark 1942 Supreme Court case that greatly expanded the power of the federal government to regulate economic activity under the Commerce Clause.

Interstate Commerce

Business activities that touch more than one state.

In-State Activity

Economic, academic, or social actions and engagements that occur within a specific state's boundaries.