The Robinson-Patman Act says that to be legal,price differences must be based on
A)a need to meet competition and cost differences.
B)a reasonable profit margin as determined by the FTC.
C)freight costs.
D)transportation differences.
E)None of these answers is correct.

Question

Quizplus · Accepted Answer

The Robinson-Patman Act (of 1936)does permit some price differences but they must be based on (1)cost differences or (2)the need to meet competition.

The Robinson-Patman Act Says That to Be Legal,price Differences Must