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