Which of the following definitions best describes price fixing?         Price fixing occurs when a company promises to give another company a contract for goods or services.         Price fixing occurs when firms charge a very high price for items that do not cost the firm very much to produce or supply.         Price fixing occurs when a company charges very high prices in the beginning for a good or service, but gradually lowers the price over time.         Price fixing occurs when businesses come together and agree on prices to charge consumers.

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A: The answer is 3. Price discrimination.

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Q: price differentials.

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