If Dunn's Best Jams and its distributors agree that the retailers will sell Dunn's jams at a certain price,at or above the price floor,Dunn's and its distributors probably practice:
A) unfair pricing
B) resale price maintenance
C) deceptive pricing
D) price escalation
E) price depression

Question

Quizplus · Accepted Answer

Resale price maintenance occurs when a manufacturer and its distributors agree that the retailer will sell the producer's product at a certain price,at or above a price floor.

If Dunn's Best Jams and Its Distributors Agree That the Retailers