If Televix sells its televisions to retail stores for $810 each and requires those retailers to charge customers at least $840 for each television, this is known as:
Resale Price Maintenance
<h3 /><h3>What is Resale Price Maintenance?</h3>
Resale price maintenance is the amount agreed upon by a retailer and wholesaler to sell a product.
The producer believes that the set amount is a fair amount to sell the material. This is the case with Televix and television retailers.
