Collusive Pricing Occurs When

question 127

Multiple Choice

Collusive pricing occurs when

• A)a company wants two products to sell for the same, or almost the same, amount.
• B)a company wants a product to sell for the same as a competitor's product.
• C)two or more companies agree to sell a product at a price higher than should be expected.
• D)competitors are part of the same large parent organization.
• E)one large company dominates an industry.

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Definitions:

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A principle or rule of action that, when followed, undermines itself or leads to its own failure.

Morally Wrong

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