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Which statement concerning pricing is true? Agency pricing is illegal. Wholesale pricing is illegal. Rivals colluding to set prices is illegal. Wholesale pricing is also known as seller pricing. In agency pricing, sellers pay publishers for titles and then sell those titles at whatever price they wish.

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Answer:

The correct answer is letter "B": Rivals colluding to set prices is illegal.

Explanation:

Collusion is the act by which companies secretly gather to set prices, similar marketing, and share information so they can influence consumer behavior in the market. Collusion is illegal in the U.S. and antitrust laws are enforced by the Federal Trade Commission (FTC).

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