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Question 1 If McDonalds, Wendys and Burger King agree with each other not to sell hamburgers for less than $3.95 aplece, al
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Answer #1

Option 1. Price fixing under the Sherman Act.

Explanation: Price-fixing takes place when different competitors in an industry come together to set the minimum price so that they can earn higher revenue. This is regarded as an uncompetitive business practice under the Sherman Act.

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