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A calculator manufacturer agrees to sell the distributor 100,000 calculators only if he agrees to resell to the retailer at cost plus $1.50 per calculator
A calculator manufacturer agrees to sell the distributor 100,000 calculators only if he agrees to resell to the retailer at cost plus $1.50 per calculator and the retailer must agree to sell at no less than his cost plus .50 per calculator. This is: a. horizontal price fixing. b. a group boycott. c. vertical market allocation. d. vertical price fixing
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
