A university publishes a journal, which is subscribed to by individuals and bookshops.The editors have recommended $20.00 as the retail price.The university also maintains that the journal cannot be sold at a discount.The university has threatened to cease supplying anyone who sells for less than the recommended retail price.This is an example of:

Question

Quizplus · Accepted Answer

This scenario describes resale price maintenance, where the supplier sets a minimum price below which the product cannot be sold.

A University Publishes a Journal, Which Is Subscribed to by Individuals