Author Question: ________ occurs when a firm cuts prices below production costs in a deliberate attempt to drive ... (Read 63 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
________ occurs when a firm cuts prices below production costs in a deliberate attempt to drive competitors out of business.
 
  A) Deliberate dumping B) Ravaging dumping
  C) Voracious dumping D) Predatory dumping

Question 2

A reason why an increase in the price level decreases the quantity of real GDP demanded is that
 
  A) the buying power of money increases.
  B) potential GDP decreases.
  C) the price of domestic goods and services increases relative to foreign goods and services.
  D) the real interest rate falls.
  E) the inflation rate decreases.



millet

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

For a complete list of videos, visit our video library