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When different companies agree to charge the same price for products.
Wiki User
∙ 9y ago
Leonora Medhurst
When different companies agree to charge the same price for products.
Velda Hauck
An agreement by different companies to charge the same price for products, rather than letting the market adjust normally based on supply and demand.
Wiki User
∙ 13y agoA price that has been set in stone (or held constant) for a specified duration. For exampe: A credit card offers you 0.0% APR on all credit card purchases for one year. The 0.0% would be considered fixed (for one year).
Which eubacteria help plants in the production of proteins nitrogen-fixing bacteria endospores bacillia halophiles?
Nitrogen-fixing bacteria
How are carnivores dependent on nitrogen fixing bacteria?
carnivores -> herbivores -> plants -> nitrogen fixing bacteria
How is match fixing done?
match fixing is done to win an amount of money by the cricket bookies
Which is the most abundant carbon-fixing enzyme on earth?
Which is the most important and abundant carbon-fixing enzyme on earth
Which type of bacteria return nitrogen to air?
nitrites
What is horizontal and vertical price fixing?
Explain the differences between horizontal and vertical price fixing..
Is price fixing illegal?
Price fixing is illegal within the United States, Australia and the European Union
Is price-fixing a type of collusion?
Price fixing can only be collusion if it happens due to all the firms in an oligopoly system come together to decide the price. Price fixing can also be implemented by government (especially in agriculture sector), in which case is not considered a collusion.
How are consumer affected by illegal price fixing?
In the situation of "price fixing" the consumer generally will have to pay more for a product.
Is price fixing fair ethical socially responsible?
Price fixing is when companies that have the same products in common come together to agree to a set price. Price fixing is fair and is in the best interest of being socially responsible by protecting the market from becoming a monopoly.
Can Price Fixing ever be justified?
no
When a government valorizes a commodity what is it doing?
Fixing the price
What happend in the 50's of McDonald's?
Price Fixing
How would price fixing and collusion help producers?
secret
Is Price Fixing only illegal in some instances?
True
What unfair business practice do cartel use?
price fixing
What is an agreement among firms to charge one price for the same good called?
Price fixing
