Which of the following best describes horizontal division

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Which of the following best describes horizontal division of markets?

Answer

An agreement by competitors that each will only serve part of the market for their products.

Any action in which a company distributes some products in one geographic area and other products in another geographic area.

Any action in which a company charges different prices for a product depending on the geographic market.

The granting by a company of exclusive geographic territory to salespersons.

Reference no: EM13251157

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