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Able Excavators, Inc

Question 17

Multiple Choice

Able Excavators, Inc., is the major wholesale distributor of heavy equipment in the state of Georgia. Its closest competitor is Big Machine Company, another Georgia firm. The two firms agree that Able will operate in southern Georgia and Big will operate in northern Georgia. This is​


A) ​a group boycott.
B) ​a market division.
C) ​a price-fixing agreement.
D) ​a tying arrangement.

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