Author Question: Suppose that the country of Pacifica sold its cars in Atlantica for less than it costs to produce ... (Read 47 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
Suppose that the country of Pacifica sold its cars in Atlantica for less than it costs to produce the cars. Pacifica could be accused of
 
  A) avoiding import quotas.
  B) increasing its gains from trade.
  C) dumping.
  D) engaging in learning-by-doing.

Question 2

Diminishing marginal utility means that
 
  A) Ralph will enjoy his second hamburger less than the first.
  B) the total utility from one hamburger exceeds the total utility from two hamburgers.
  C) the price of two hamburgers is twice the price of one.
  D) beyond a certain point, total utility decreases as income rises.



Ksanderson1296

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library