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  2. Business
  3. Marketing Management Study Set 4
  4. Quiz 10: Manage Pricing Decisions

In the Past,__________________ Allowed Manufacturers to Establish Artificially High Prices

Question 88
Multiple Choice

In the past,__________________ allowed manufacturers to establish artificially high prices by limiting the ability of wholesalers and retailers to offer reduced or discounted prices. A)Fair trade laws B)Minimum markup laws C)Loss leader products D)State fair trade laws E)None of these

Related questions
Q 85
When a seller advertises an item at an unbelievably low price to lure customers into a store,and then refuses to sell the advertised item and instead pushes a similar item with a much higher price and higher margin,the seller is participating in the illegal practice of _________________. A)Price fixing B)Price discrimination C)Deceptive pricing D)Bait and switch E)Predatory pricing
Q 86
Companies that collude to set prices at a mutually beneficial high level are engaged in _________. A)Price discrimination B)Deceptive pricing C)Predatory pricing D)Price fixing E)Bait and switch
Q 87
A strategy to intentionally sell below cost to push a competitor out of a market,then raise prices to new highs is called __________________. A)Price fixing B)Price discrimination C)Deceptive pricing D)Bait and switch E)Predatory pricing
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