A Hotel Management Institute Develops a Training Program for Students

Multiple Choice

A hotel management institute develops a training program for students.The fee for the training program is $1,000.The institute offers to share the training program with other colleges for a low price.One of the terms of the contract is that the other colleges should not offer the program to their students for less than $1,000.This is an example of:

A) price fixing.
B) price discrimination.
C) predatory pricing.
D) referral selling.
E) resale price maintenance.