Three of the airline companies agree that they will not go any lower than $100 each way for coast-to-coast tickets. This is:
A) vertical price maintenance.
B) horizontal group boycott.
C) vertical market allocation.
D) horizontal price fixing.
D
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Redo is a market follower in the wristwatch industry. After noticing a shortfall in the market leader's product, Redo improves its product to suit consumer needs and becomes a challenger for the market leader. This is an example of ________
A) counterfeiter B) cloner C) imitator D) adapter E) innovator
State administrative agencies are created by the legislative branch of the federal government
Indicate whether the statement is true or false
Committee buying in large retail chains
A. makes it difficult for the seller to see a buyer personally. B. makes the buyers work as a group, and thus lowers costs. C. reduces the impact of a persuasive sales rep. D. allows a sales rep to avoid a difficult buyer. E. All these answers are correct.
Who might be most likely to enrol their children into a Kumon programme?
What will be an ideal response?