12. (TCO 7) Price fixing is (Points : 5)

an arrangement a manufacturer makes with a reseller to handle only its products and not those of a competitor. the practice of charging a very low price for a product with the intent of driving competitors out of business. the practice of charging different prices to different buyers for goods of like grade and quality. a conspiracy between firms to set prices for a product. a seller's requirement that the purchaser of one product also buy another product in the line.