Televix is a firm that produces televisions. Suppose Televix sells its televisions to retail stores for $810 each and requires those retailers to charge customers at least $840 for each television.

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20-07-2022
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Televix is a firm that produces televisions. Suppose Televix sells its televisions to retail stores for $810 each and requires those retailers to charge customers at least $840 for each television.

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Can someone please answer. There is one problem. There's a picture. Thank you!

OlanmaE OlanmaE · Answer 1 · 2022-07-25T22:20:44+02:00

If Televix sells its televisions to retail stores for $810 each and requires those retailers to charge customers at least $840 for each television, this is known as:

Resale Price Maintenance

What is Resale Price Maintenance?

Resale price maintenance is the amount agreed upon by a retailer and wholesaler to sell a product.

The producer believes that the set amount is a fair amount to sell the material. This is the case with Televix and television retailers.

Learn more about resale price maintenance here:

https://brainly.com/question/15874953

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