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.
What is predatory pricing?
Pricing with the intention of putting out of the market competitors.
When is price discrimination allowed?
When the costs of providing the product or quality are different.
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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