Price fixing occurs when two or more companies conspire to ________
A) keep prices at a certain level
B) use predatory pricing
C) use loss-leader pricing
D) use bait-and-switch tactics
E) prohibit competitors from entering a market
A
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A lender makes a real estate loan and charges discount points. Which of the following statements BEST describes the loan discount?
A. It can only be paid by the borrower. B. It can only be paid by the seller. C. It reduces the lender's return on the loan. D. It can be paid by either the borrower or the seller to the lender.
People who have a special desire to perform challenging tasks well and meet their own personal standards for excellence can be described as having ________
A) a high need for instruction B) a high need for affiliation C) a high need for authority D) a high need for achievement