Agreement among business competitors to set prices at a particular level is:
A) predatory pricing.
B) target pricing.
C) peak-load pricing.
D) price fixing.

Name: Agreement among business competitors to set prices at a particular level is: A) predatory pricing. B) target pricing. C) peak-load pricing. D) price fixing.
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Question

Quizplus · Accepted Answer

Price fixing is an agreement among business competitors to set prices at a certain level, which is illegal in many jurisdictions as it restricts competition.

Agreement Among Business Competitors to Set Prices at a Particular