State Laws Requiring Sellers to Maintain Minimum Prices for Comparable

question 111

Multiple Choice

State laws requiring sellers to maintain minimum prices for comparable merchandise are called _____ laws.

• A) tax-exemption
• B) unfair-trade
• C) price-discrimination
• D) loss-leader

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Definitions:

Fixed Number

A fixed number usually refers to a constant quantity or value that does not change in a given context, such as a fixed number of repetitions in an experiment.

Fixed-ratio Schedule

A schedule of reinforcement where a response is reinforced only after a specified number of responses have been made.

Reinforcement

In behavioral psychology, a process in which a behavior is strengthened or made more likely to occur again by rewarding it or providing a positive stimulus.

Fixed Number

A quantity that remains constant and does not change or vary in a given context.