4 good questions and answers about "Public Policy and Pricing"

What is pricing within channel levels?
Regulation on price-fixing asks firm to set prices without collusion with other competitors.
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What is predatory pricing?
Pricing with the intention of putting out of the market competitors.
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When is price discrimination allowed?
When the costs of providing the product or quality are different.
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What is deceptive pricing?
Happens when the seller offers prices that are not available to consumers and that er misleading. Sellers are not allowed to advertise a price reduction only if it is a saving from retail price, factory prices.
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