A retailer is told by the manufacturer the minimum price at which a product can be sold. In antitrust this is an example of:
a. a tying arrangement
b. resale price maintenance c. exclusive dealing
d. a consignment arrangement e. none of the other choices
b
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Brand preference is the strongest form or degree of brand loyalty.
Answer the following statement true (T) or false (F)
Flexible pricing is most common in the channels, in direct sales of business products, and at retail for expensive shopping products.
Answer the following statement true (T) or false (F)
Which of the following is the most important goal of insurance regulation?
A) Limiting the number of insurance companies in the state B) Promoting the solvency of insurance companies C) Mandating that all citizens purchase auto insurance and health insurance D) Approving the contractual language of insurance policies sold in the state
Assume you have a margin account with a 50% initial margin. You purchase 100 shares of stock at $80 per share. The price increases to $100 per share. What is the net value of your investment (margin) now?
A) $10,000 B) $8,000 C) $6,000 D) $5,000 E) $2,000