Which of the following observations about government regulation of pricing is true?
A) Under most circumstances, price fixing is deemed legal.
B) All types of price discrimination are always deemed illegal.
C) All types of promotional pricing are legal.
D) Price differences in quantity discounts due to cost differences are legal.

Question

Quizplus · Accepted Answer

Price differentials can be legally justified on certain grounds, especially if the price differences reflect cost differences. This is particularly true of quantity discounts.

Which of the Following Observations About Government Regulation of Pricing