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zmey [24]
3 years ago
14

Price fixing is: Group of answer choices the practice of charging a very low price for a product with the intent of driving comp

etitors out of business. a seller's requirement that the purchaser of one product also buy another product in the line. an arrangement a manufacturer makes with a reseller to handle only its products and not those of a competitor. a conspiracy among firms to set prices for a product. the practice of charging different prices to different buyers for goods of like grade and quality.
Business
1 answer:
Burka [1]3 years ago
3 0

Answer:

A conspiracy among firms to set prices for a product.

Explanation:

Price fixing can be defined as a process whereby companies make an agreement to sell a product at a particular price. It can also be described as an agreement between competitors on the lowest or highest amount a particular product will be sold in the market.

Price fixing controls the market price thereby preventing other new businesses from competing in the market. Price fixing is illegal, it leads to an increase in the amount of goods and services.

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Why does a surplus exist under a binding price floor?
klemol [59]

Answer:

it makes the price so low that the quantity demanded exceeds the quantity supplied on the legal market.

7 0
2 years ago
A team member had an affair with the team
mr_godi [17]

Answer:

Intervene and implement anti-fraternization policies if that's possible and legal. Motivate your team and improve communication as soon as

Explanation:

Before things get out of hand actions must be taken and it should be made clear favoritism is not allowed in the organization.

It would also be helpful if the team leader and team members were put into different teams as then the other members will not feel any sort of unbiased behavior towards themselves.

Please take into consideration the feelings of the involved parties as well. It's hard for people to do their best when they are unhappy or unmotivated.

Make sure to motivate your team as much as you can. A well-motivated team is a key to success. Listen to What People Are Not Saying, give Positive Feedback.  Disagree without being disagreeable.

It would be be awkward for the team to freely communicate as before so please try to be an icebreaker. Let them know they are here for a common goal and they need each other to excel at it.

8 0
3 years ago
What happens when a single seller market develops into a competitive market?
Luden [163]

Answer:

Introduce new or better products to existing markets. Continue development on your existing products, like your bestsellers, in order to renew your commitment to current customers to the best of your abilities. Through product development, you can expect to outperform competitors and keep your customers happy. Explore Partnership Opportunities

6 0
2 years ago
Determine the quotient:2 4/7÷1 3/6
Lostsunrise [7]

1 5/7 would be the quotient


7 0
3 years ago
Cosmo has just made his dream come true of buying the property that his restaurant occupies. His excitement is short lived, howe
forsale [732]

Answer:

Realistic aspect

Explanation:

Considering the scenario described in the question it can be concluded that Cosmo shifted his focus onto which REALISTIC aspect of goal-setting theory.

This is because following Cosmo making his dream come true of buying the property that his restaurant occupies, the idea that he could rent out the storefront next to the restaurant for added income is a REALISTIC Aspect of Goal Getting.

This implies that Cosmo is more realistic in terms of his financial abilities and willingness to work toward the goal of paying off the mortgage loan

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3 years ago
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