Which Act Prohibits Price Discrimination Unless It Is Based on Cost

question 29

Multiple Choice

Which act prohibits price discrimination unless it is based on cost differences or the need to meet competition?

• A) Sherman Act
• B) Federal Trade Commission Act
• C) Robinson-Patman Act
• D) Magnuson-Moss Act
• E) Wheeler-Lea Act

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Definitions:

Method

The process of how a program converts inputs into the correct outputs.

MUMPS Language

A high-level programming language used primarily in the healthcare industry for database and information processing.

Healthcare Databases

Specialized databases that store and manage patient and healthcare information for clinical, financial, and administrative purposes.

Source Code

The human-readable instructions and statements written by developers in programming languages, used to create software applications.