Economist claim that a resele price maintenance agreement isnot anticompetitive
ID: 1253676 • Letter: E
Question
Economist claim that a resele price maintenance agreement isnot anticompetitive bacause a.supplier are never able to exercise noncompetitive marketpower b.if a supplier has market power it will be likely to exertthat power through wholesale price rather than retail price. c.retail markets are inherently concompetitive.. d.retail cartel agreements cannot increase retailprofits Economist claim that a resele price maintenance agreement isnot anticompetitive bacause a.supplier are never able to exercise noncompetitive marketpower b.if a supplier has market power it will be likely to exertthat power through wholesale price rather than retail price. c.retail markets are inherently concompetitive.. d.retail cartel agreements cannot increase retailprofitsExplanation / Answer
B. if a supplier has market power it will be likely to exert thatpower through wholesale price rather than retail price.