Question
Price fixing is the conspiracy among firms to Blank______.
Multiple choice question.
reduce prices successively in order to maintain market share
hide the true price of products from customers
set prices for a product
eliminate promotional allowances for resellers
Multiple choice question.
reduce prices successively in order to maintain market share
hide the true price of products from customers
set prices for a product
eliminate promotional allowances for resellers
Answers
GPT-4o mini
Price fixing is the conspiracy among firms to **set prices for a product**.