Question

multiple choice question
price fixing is the conspiracy among firms to ______.
hide the true price of products from customers
set prices for a product
reduce prices successively in order to maintain market share
eliminate promotional allowances for resellers

Explanation:

Price - fixing is an illegal agreement among firms to set prices for a product, eliminating price - based competition. It is not about hiding true prices, successive price reduction for market share, or eliminating promotional allowances for resellers.

Answer:

set prices for a product