Question

In: Economics

A(n) ________________ occurs when a manufacturer requires the dealers it distributes to to sell for at...

A(n) ________________ occurs when a manufacturer requires the dealers it distributes to to sell for at least a certain minimum price.

Select the correct answer below:

a) exclusive dealing

b) minimum resale price maintenance agreement

c) antitrust law

d) restrictive practice

Solutions

Expert Solution

an agreement that requires a dealer who buys from a manufacturer to sell for at least a certain minimum price is known as-

-the minimum resale price maintenance agreement.

option(B)

Under this agreement, the distributors sell the product at a certain price and this price is usually above the floor price and below the price ceiling so it is between the maximum and minimum price.

Rahul Sunny answered 2 years ago
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