Agroup of uniform rental companies agreed that they would not charge less than $5 per week per uniform even before the newly opened chicken plant contacted them for bids. this is an example of: price discrimination. a contrivance. collusion. business defamation. a conspiracy.

A group of uniform rental companies agreed that they would not charge less than $5 per week per uniform even before the newly opened chicken plant contacted them for bids. This is an example of collusion.

Explanation:

A collusion is defined as an illegal cooperation that aims to deceive. In the example, the suppliers of a good [the uniforms, in this case] are agreeing amongst them to not sell the good below a certain bound so that they can maximize their earnings. This practice is illegal and in many cases is penalized because the collusion goes against the principles of healthy compeititon in a market by preventing it to define its own equilibrium price. It artificially rises the prices and creates distortions in the market.

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

a

explanation:

reducti0n

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