Marketing managers from two companies agree that competing to offer the lowest prices has been hurting their profit margins, so they agree on the prices they will charge for some of their key products. What illegal pricing behavior is this? O A. Price discrimination O B. Deceptive pricing C. Price fixing O D. Price gouging​

Answers

Answer 1

Price fixing is the  illegal pricing behaviour is this. Hence, option C is correct.

What is Price fixing?

A written, verbal, or conduct-based agreement to raise, lower, maintain, or stabilize prices or price levels is known as price fixing. Antitrust laws typically mandate that each business establish prices and other competitive terms independently, without consulting a rival.

Competitors who agree to raise, cut, or stable prices are said to have engaged in horizontal price fixing. For instance, a horizontal agreement between two rival fast-food establishments selling hamburgers on the sale pricing of cheeseburgers is prohibited by antitrust rules.

Price fixing is an anticompetitive agreement between players on the same side of a market to buy or sell a good, service, or commodity solely at a set price, or to keep the market's dynamics in such a way that the price is kept at a fixed level.

Thus, option C is correct.

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Answer 2

Answer:

price fixing

Explanation:


Related Questions

Information for two companies in the same industry, Skysong Corporation and Sheridan Corporation, is presented here. Skysong Corporation Sheridan Corporation Cash provided by operating activities $166,000 $166,000 Net earnings 240,000 240,000 Capital expenditures 71,000 97,000 Dividends paid 6,800 27,000 Compute the free cash flow for each company. Skysong Corporation Sheridan Corporation Free cash flow

Answers

Answer:

See below

Explanation:

Fee cash flow computation for SKYsong corporation.

Free cash flow

Net earnings

$240,000

Cash provided by operating activities

($166,000)

Capital expenditures

($71,000)

Dividends

($6,800)

Cash flow balance

($3,000)

Free cash flow computation for Sheridan Corporation

Free cash flow

Net earnings

$240,000

Cash provided by operating activities

($166,000)

Capital expenditures

($97,000)

Dividends

($27,000)

Cash flow balance

($50,000)

Europa Company manufactures only one product. Presented below is direct labor information for November. Standard direct labor hours per unit of product 3.20 Number of finished units produced 6,500 Standard wage rate per direct labor hour (SP) $ 19.20 Total direct labor payroll for the period $ 359,424 Actual wage rate per direct labor hour worked (AP) $ 16.00 The actual direct labor hours worked (AQ) during November (rounded to the nearest whole number) was:

Answers

Answer:

22,464 hours

Explanation:

Calculation to determine The actual direct labor hours worked (AQ) during November

Using this formula

Actual direct labor hours worked (AQ) = Total labor cost ÷ Actual wage rate

Let plug in the formula

Actual direct labor hours worked (AQ) = $359,424 ÷ 16

Actual direct labor hours worked (AQ) = 22,464 hours

Therefore The actual direct labor hours worked (AQ) during November will be 22,464 hours

A marketer of automobiles wants to introduce a new model using a message
that combines visuals, music, words, and action. Which category of
advertising media will best meet this marketer's goals?
A. Magazines
B. Television
C. Radio
D. Outdoor

Answers

Answer: Television!

Explanation:

Radio, Magazine, and Outdoor don't all have the combined visuals, music, words, and action that television has.

Television as the advertising media will best meet the automobile marketer's goals. Thus, the correct answer is option B.

What is advertising media?

The term "advertising media" describes a range of mainstream or alternative media platforms via which companies can market their goods, services, or brand. Knowing which advertising media channels are advantageous for your business can be vital in staying ahead of the competition because it is hard for every customer to be aware of every brand's offerings. Marketers can interact with various audiences in unique ways by utilizing the correct kind of advertising media.

Audio and visual are combined in television. This produces a multi-sensory advertising experience that demonstrates to consumers the worth of your goods. The touchpoint occurs in the viewer's house when an advertisement is shown on television. It becomes a more intimate medium as a result. A excellent technique to build a personal relationship with a viewer is through television.

Therefore, Radio, Magazine, and Outdoor as the media for advertising don't have the combined visuals, music, words, and action that television has.

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