What involves the agreement on the part of multiple corporations to charge a particular price for a good or service?

a. embezzlement
b. pilferage
c. price-fixing
d. restraint of trade

The correct answer is C. Price-fixing

Explanation:

In the economy, price-fixing occurs as different corporations, businesses or manufacturers agree on the price of one specific good or service. This implies the price is somehow fixed as none of the corporations participating can sell the product or service at a higher or lower price. This is common in the case corporations want to sell a product or service at a higher price, which represents a benefit for them; however, in most countries, this is against the law because each corporation needs to set a price based on their product, features, and economic forces. According to this, it is price-fixing the process that involves the agreement on the part of multiple corporations to charge a particular price.