Acme Computer Co. sells computers to retail stores for $400. If Acme requires the retailers to charge customers $500 for the computers, then it is engaging in
A)resale price maintenance.
B)predatory pricing.
C)tying.
D)monopolistic competition.

Question

Quizplus · Accepted Answer

Resale price maintenance refers to a situation where a company sets a minimum price that retailers must charge for its products. In this scenario, Acme is setting a minimum retail price for its computers, which is an example of resale price maintenance.