Economist claim that a resele price maintenance agreement isnot anticompetitive

Question

Economist claim that a resele price maintenance agreement isnot anticompetitive bacause a.supplier are never able to exercise noncompetitive marketpower b.if a supplier has market power it will be likely to exertthat power through wholesale price rather than retail price. c.retail markets are inherently concompetitive.. d.retail cartel agreements cannot increase retailprofits Economist claim that a resele price maintenance agreement isnot anticompetitive bacause a.supplier are never able to exercise noncompetitive marketpower b.if a supplier has market power it will be likely to exertthat power through wholesale price rather than retail price. c.retail markets are inherently concompetitive.. d.retail cartel agreements cannot increase retailprofits

Explanation / Answer

B. if a supplier has market power it will be likely to exert thatpower through wholesale price rather than retail price.

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