Which of the following is true of public policies and pricing?
A) The government imposes no limits on intrastate pricing issues.
B) The Robinson-Patman Act governs interstate commerce.
C) Companies have free reign when it comes to setting prices.
D) The Sherman Act governs intrastate commerce.
E) The Clayton Act encourages the formation of monopolies.

Question

Quizplus · Accepted Answer

The Robinson-Patman Act specifically governs pricing issues related to interstate commerce, preventing unfair price discrimination against smaller businesses. The government does impose some limits on pricing through legislation like this. Choices A, C, D, and E are all incorrect as they do not accurately describe the role of public policies in pricing issues.

Which of the Following Is True of Public Policies and Pricing