State laws that put a lower limit on wholesale and retail prices are called _____.In states that have these laws,selling below cost is illegal.
A) unfair trade practice acts
B) price floor laws
C) protectionism acts
D) transparency laws
E) price edicts

Question

Quizplus · Accepted Answer

Unfair trade practice acts are laws that prohibit wholesalers and retailers form selling below cost.

State Laws That Put a Lower Limit on Wholesale and Retail