Suppose Slow Ketchup Requires That, as a Condition of Purchase

question 94

Multiple Choice

Suppose Slow Ketchup requires that, as a condition of purchase, all restaurants using its product must buy and make available its new sales product. This arrangement is an example of

• A) price-fixing.
• B) an interlocking directive.
• C) a tying contract.
• D) price discrimination.

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Definitions:

Encouraging Participation

The act of motivating or urging individuals to take part or become actively involved in a process or activity.

Proposed Change

A suggestion or plan put forward to modify, alter, or transform an existing situation, system, or process.

Tentative

Describes propositions or conclusions that are provisional and subject to potential changes or finalization.

Subordinate Influence

The impact that lower-ranking individuals within an organization can have on the decisions, behaviors, or attitudes of their superiors.