There Are Two Ice Cream Stands at the Same Intersection

question 72

Multiple Choice

There are two ice cream stands at the same intersection.In order to protect their businesses,the two owners agree that they will charge their customers the same prices for an ice cream cone.What type of horizontal restraint is this?

• A) Boycott.
• B) Price-fixing.
• C) Market allocation.
• D) This is not a horizontal restraint.

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