Joe and Arthur each own a chain of restaurants.In order to ensure successful restaurants,Joe and Arthur enter into an agreement that Joe will open his new locations in Kansas City but not St.Louis and Arthur vice versa.This is an example of

Question

Quizplus · Accepted Answer

A) This is an example of market allocation because each owner is agreeing on
limiting his market.
A) This is an example of market allocation because each owner is agreeing on limiting his market.
B) This is an example of market allocation because each owner is agreeing on limiting his market.
C) This is an example of market allocation because each owner is agreeing on limiting his market.

Joe and Arthur Each Own a Chain of Restaurants