Which of the following is NOT true of public policies and pricing?
A) Companies are free to charge whatever prices they wish.
B) Federal, state, and local laws govern the rules of fair play in pricing.
C) Deceptive pricing is not permitted.
D) Companies must consider broader societal pricing concerns.
E) Regulations exist to control predatory pricing.

Question

Quizplus · Accepted Answer

Companies are not always free to charge whatever prices they wish because there are various regulations, laws, and policies in place that govern pricing. For example, there are laws to prevent price discrimination, monopolies, and collusion.

Which of the Following Is NOT True of Public Policies