There Are Two Ice Cream Stands at the Same Intersection

question 13

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) none (It is not a horizontal restraint.)
• B) price-fixing
• C) market allocation
• D) boycott

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Definitions:

Immune-System Functioning

The processes and activities through which the immune system protects the body from infections, diseases, and other foreign substances.

Preoperational Stage

Piaget’s second stage of cognitive development, lasting from about two to seven years of age, during which thought is more symbolic than sensorimotor thought.

Piaget's

Referring to the theories of cognitive development proposed by Jean Piaget, which describe how children's abilities to think and reason develop through distinct stages.

Cellular-Clock Theory

A theory suggesting that aging is the result of cells hitting a limit on the number of times they can replicate, often tied to the length of telomeres.