_____ price fixing occurs when a retailer collaborates with the manufacturer or wholesaler to resell an item at an agreed upon price.

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Vertical price fixing occurs when a retailer and manufacturer or wholesaler agree to set a specific resale price. This is in contrast to horizontal price fixing, which involves agreements among competitors at the same level of distribution. Deceptive pricing refers to misleading consumers about the price of a product, negotiated pricing is when parties reach a mutually agreed upon price through bargaining, and coordinated pricing involves multiple firms setting pricing strategies to avoid direct competition.

_____ Price Fixing Occurs When a Retailer Collaborates with the Manufacturer