Christian and Jimmy Both Design and Manufacture Popular Shoes

question 58

Multiple Choice

Christian and Jimmy both design and manufacture popular shoes.They believe that one of the department stores that carries both of their designs is undercutting the other department stores' prices.After discussion,Christian and Jimmy decide that they should not sell their shoes to the department store again.What type of restraint is this?

• A) Meeting of the minds.
• B) Price-fixing.
• C) Boycott.
• D) Market allocation.

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Definitions:

Deviance

Behaviors or actions that deviate from societal norms or expectations.

Theory

A system of ideas intended to explain something, based on general principles independent of the thing to be explained.

Capitalist System

An economic and social system in which trade, industries, and the means of production are largely or entirely privately owned and operated for profit.

Deviant Behavior

Actions or conduct that deviate from societal norms and expectations, often eliciting negative sanctions.