Relative to Explicit Price Fixing, with Implicit Price Fixing

question 58

Multiple Choice

Relative to explicit price fixing, with implicit price fixing

• A) firms will find it more difficult to figure out why the price leader has set the price that it has.
• B) the reasons for the price leader's pricing strategy will be more clear and less ambiguous.
• C) firms face a higher risk of prosecution for antitrust violations.
• D) consumers will pay higher prices.

---

Definitions:

DC Operations

Activities involved in the day-to-day functioning of a Distribution Center, including goods receipt, storage, packaging, and shipping.

Contract Warehousing

A logistics service model where a company hires a third-party provider under a contract to manage and operate a warehouse on their behalf.

3PL Warehousing

Third-party logistics involving the outsourcing of warehousing and distribution functions to a specialized company.

Distribution KPIs

Key Performance Indicators specific to distribution, measuring the efficiency, accuracy, and speed of distributing goods to the end customer.