Which of the following occurs when two or more companies conspire to keep prices at a certain level?
A.
Predatory pricing
B.
Surge pricing
C.
Price fixing
D.
Loss-leader pricing
E.
Bait-and-switch
Answer: Price fixing
Which of the following occurs when two or more companies conspire to keep prices at a certain level?
A.
Predatory pricing
B.
Surge pricing
C.
Price fixing
D.
Loss-leader pricing
E.
Bait-and-switch
Answer: Price fixing