Business

Question

Suppose that jean, the manufacturer of jean's finger-licking good ribs decided to begin selling his ribs to different supermarkets in florida. it costs jean the same amount of money to produce and distribute the ribs, but since he perceives publix to be a higher quality store than winn dixie, he decides to charge publix $150 per case and winn dixie $125 per case. this practice, which is known as ________, is illegal under the ________.

1 Answer

  • This practice, which is known as price discrimination, is illegal under the Robinsons-Patman Act.
    This act stipulates that if you're going to sell your goods to various customers, the prices have to be the same regardless of whom you are selling your products to. 
NEWS TODAY

You May Be Interested