When sellers set prices after talking to competitors and engaging in collusion,they are involved in .
A)price fixing
B)skimming pricing
C)penetration pricing
D)discriminatory pricing
E)predatory pricing

Name: When sellers set prices after talking to competitors and engaging in collusion,they are involved in . A)price fixing B)skimming pricing C)penetration pricing D)discriminatory pricing E)predatory pricing
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Price fixing involves collusion among competing sellers to set prices at a certain level.

When Sellers Set Prices After Talking to Competitors and Engaging