When a manufacturer conspires with wholesalers or retailers to ensure certain retail prices are maintained it is known as horizontal price fixing

Of the following, which is NOT an activity engaged in by a financial intermediary?

A) Matching borrowers and lenders B) Bearing risk C) Managing retirement portfolios for large classes of employees D) All of the above are activities of financial intermediaries.

The quantity or number of units of product that a firm must sell to break even is total fixed costs divided by (price per unit + variable costs per unit)

Indicate whether the statement is true or false