In the past, ________ allowed manufacturers to establish artificially high prices by limiting the ability of wholesalers and retailers to offer reduced or discounted prices.
A) fair trade laws
B) minimum markup laws
C) the Robinson-Patman Act
D) the Consumer Goods Pricing Act
E) price discrimination

Question

Quizplus · Accepted Answer

Fair trade laws allowed manufacturers to set minimum resale prices, preventing wholesalers and retailers from offering discounts, thus maintaining high prices.

In the Past, ________ Allowed Manufacturers to Establish Artificially High