Ask Question
6 November, 08:17

Resale price maintenance occurs when: a. the manufacturer suggested retail price. b. minimum prices are enforced. c. consignment arrangements control prices. d. all of the above

+5
Answers (1)
  1. 6 November, 11:28
    0
    b. minimum prices are enforced

    Explanation:

    The manufacturer of certain products deals with their distributors by exploiting the market failures to negotiate ceiling and minimum prices with the threat of not purchase if the agreement is not validated.

    This is done to prevent competition between reseller for the price. This makes the reseller profitable and therefore, the manufactured as well.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Resale price maintenance occurs when: a. the manufacturer suggested retail price. b. minimum prices are enforced. c. consignment ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers