Abeka Economics Reading Quiz H
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Selling the same type of goods at different prices to different buyers is a practice known as what?
Price discrimination
The Federal Trade Comission was created to investigate trade practices.
True
What is a collusion of businesses which join together to restrict or eliminate competition?
Trust
What forces a consumer to buy a certain product before he can buy the product he really wants?
Tying contract
The Clayton Act of 1914 was the first and most important antitrust law.
False
