Identify the trade-restraining practice that this example demonstrates.

Two retailers decide that they will both sell no more than 100 premium TVs per month in order to maintain the quality image of the TVs.

Price fixing
Division of markets
Controlling output
No illegal practice
Illegal boycott

This is a trade-restraining practice that is often practiced by oligopolies and monopolies in order to maintain the price of a good or service by keeping the supply artificially high.

This is what the two retailers are doing in this instance. They are keep the sales of the premium TV constant per month so as to make the premium TVs a sought after item. This would keep the price of the Televisions higher than they should be which can land them in troubles with the competition regulator.

Find out more on oligopolies at https://brainly.com/question/11082790

#SPJ1

Identify the trade-restraining practice that this example demonstrates. Two retailers decide that they will both sell no more than 100 premium TVs per month in order to maintain the quality image of the TVs. Price fixing Division of markets Controlling output No illegal practice Illegal boycott

Respuesta :

What is controlling output?

Otras preguntas

Identify the trade-restraining practice that this example demonstrates.

Two retailers decide that they will both sell no more than 100 premium TVs per month in order to maintain the quality image of the TVs.

Price fixing
Division of markets
Controlling output
No illegal practice
Illegal boycott