Which of the following is true of public policies and pricing?
A) The government imposes no limits on intrastate pricing issues.
B) The Robinson-Patman Act governs interstate commerce.
C) Companies have free rein when it comes to setting prices.
D) The Sherman Act governs intrastate commerce.
E) The Clayton Act encourages the formation of monopolies.

Question

Quizplus · Accepted Answer

The Robinson-Patman Act is a federal law that regulates pricing in interstate commerce by prohibiting price discrimination. This means that companies cannot charge different prices to different buyers for the same product or service. The other options are not accurate statements about public policies and pricing.

Which of the Following Is True of Public Policies and Pricing