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ID: 344950 • Letter: K
Question
knarksYouTube G Google M-Gmail y Twitter D all, Google Translate Home l myMU a Mu email Horizontal price-fix O price discrimination O hortzontal price fixing O predatory pricing 5. Horizontal price foing occurs when 0 a company sells the same product to different resellers at different prices parties at different levels of the same marketing channel collude to control the prices passed on to consumers a firm sets a very low price for one or more of its products with the intent to drive its competition out of businesS competitors that produce and sell competing products work together to control prices Part 10 o o-o-o-o-o-o-o-o-Explanation / Answer
D.competitiors that produce and sell competing products work together to control price.
Explanation:
Horizontal price fixing is illegal arrangement among competitors to charge same price for a product.competitors that produce and sell competing product collude or work together to control price.
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