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    Exam 11: Pricing Concepts and Strategies: Establishing Value
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    Two Dairy Farms Supply Milk to a Local Town
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Two Dairy Farms Supply Milk to a Local Town

Question 75

Question 75

Multiple Choice

Two dairy farms supply milk to a local town.Both of them work together to control the price that the townspeople pay for milk.This is an example of:


A) predatory pricing.
B) vertical price fixing.
C) horizontal price fixing.
D) price discrimination.
E) bait and switch.

Correct Answer:

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