Multiple Choice
Pacific Bicycle,Inc. ,is the major distributor of bikes in the state of California.Pacific's closest competitor is Quanto Bike Company,another California firm.They agree that Quanto will distribute bikes in northern California and Pacific will distribute bikes in southern California.This is
A) a group boycott.
B) a market division.
C) a price-fixing agreement.
D) a tying arrangement.
Correct Answer:
Verified
Correct Answer:
Verified
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