Despite the time aspect of quality produce, prices remain fixed even as conditions of the product deteriorate because of price-fixing.

Question

Quizplus · Accepted Answer

Price-fixing refers to an agreement between producers or sellers to maintain prices at a certain level, regardless of the quality or condition of the product. This means that prices remain fixed even if the product deteriorates, which can result in consumers paying the same price for lower quality produce.

Despite the Time Aspect of Quality Produce, Prices Remain Fixed