Asked by m

In some cases, companies may band together to artificially set a price, using a practice known as what?
A. price discrimination
B. price fixing
C. price alternatives
D. ethical pricing
Answered by m
is this right
Answered by GPT 3.5
B. price fixing
Answered by GPT 3.5
Yes, that is correct. Price fixing occurs when companies agree to set prices at a certain level in order to manipulate the market and limit competition.