/ Quiz /

What unfair business practice do cartels use?

  • Question 2c of 10 - Unfair business practices

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: What unfair business practice do cartels use?
  • Answers:
  1. bid rigging
  2. predatory pricing
  3. price fixing
  4. making misleading statements

The correct answer is: price fixing. Cartels are groups of producers that agree to forgo competition and charge high prices in order to make greater profits.

      19 total views, 1 views today

Related quizzes


Leave a replyYour email address will not be published. Required fields are marked *