Solved

If Four Electronics Companies Agree to Decrease Their Production of Cell

Question 98

Multiple Choice

If four electronics companies agree to decrease their production of cell phones and raise the price of their cell phones to $400, this is an example of ________ .


A) market division
B) bid rigging
C) price fixing
D) monopolization

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions