Advertising such as "Retail Value $100, Our Price $85" is deceptive if
A) a verified and substantial number of stores in the market area do not price the item at $100.
B) even one store in that retail chain does not price the item at $100.
C) a competitor is selling the same item for $75 on sale and the normal price is only $85.
D) there is not enough product on hand at that price to satisfy the needs of the store's regular customer traffic.
E) the markup on the original price is more than 200 percent.
Correct Answer:
Verified
Q272: Vertical price fixing involves controlling agreements between
Q273: Vertical price fixing refers to
A) two or
Q274: Two or more competitors explicitly or implicitly
Q275: All of these are pricing practices that
Q276: A conspiracy among firms to set prices
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Q279: Controlling agreements between independent buyers and sellers
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Q282: A claim that a price is below
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