question archive 29)To avoid a price war and protect profits, an established Bay Area gasoline retailer, Gas Guys, convinces other gasoline retailers in the Bay Area to price every gasoline product in the month of April at the same price point
29)To avoid a price war and protect profits, an established Bay Area gasoline retailer, Gas Guys, convinces other gasoline retailers in the Bay Area to price every gasoline product in the month of April at the same price point
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29)To avoid a price war and protect profits, an established Bay Area gasoline retailer, Gas Guys, convinces other gasoline retailers in the Bay Area to price every gasoline product in the month of April at the same price point. Unleaded gasoline, for example, would be priced at $4.29, wherever the consumer shops for gasoline. The retailers are most likely
a. practicing predatory pricing
b. investing in competitive advantage c. practicing price fixing
d. practicing price dumping
e. performing a community service
