MCQOPTIONS
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| 1. |
Many economics argue that resale price maintenance ? |
| A. | has a legitimate purpose of stopping discount retailers from free riding on the services provided by full services retailers? |
| B. | is price fixing and, therefore is prohibited by law |
| C. | is price fixing and therefore, is prohibited by law and enhances the market power of the producer |
| D. | enhances the market power of the producer |
| Answer» B. is price fixing and, therefore is prohibited by law | |