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AACSB:Ethical understanding and reasoning abilitiesObjective:2.3Learning Outcome:Discuss strategies for setting and adjusting pricesSkill:Concept57) Which of the following is NOT an element of green marketing?A
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Page Ref: 44Difficulty:ModerateAACSB:Ethical understanding and reasoning abilitiesObjective:2.3Learning Outcome:Discuss the roles of ethics and corporate responsibility in businessSkill:Concept58) Which of the following has NOT been identified as a basic consumer right?B
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Page Ref: 45Difficulty:ModerateAACSB:Ethical understanding and reasoning abilitiesObjective:2.3Learning Outcome:Discuss the roles of ethics and corporate responsibility in businessSkill:Concept
A) Unfair pricing
B) Price gouging
C) Product collaboration
D) Collusion
E) Consumerism
Answer: D
Explanation: D) Interfering with competition can take the form of illegal pricing practices. Collusion occurs when two or more firms collaborate on such wrongful acts as price fixing.
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