Question

    Market conduct not

    includes
    A Market sharing and price setting polices Correct Answer Incorrect Answer
    B Policies aimed at coercing rivals Correct Answer Incorrect Answer
    C Policies toward setting the quality of products Correct Answer Incorrect Answer
    D Efficiency in the use of resources Correct Answer Incorrect Answer

    Solution

    Efficiency in the use of resources - Market conduct includes policies and practices that firms engage in the market, such as price setting and market sharing. Efficiency in the use of resources would be considered an outcome or a consequence, rather than a conduct.

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