Author Question: ________ occurs when a firm cuts prices below production costs in a deliberate attempt to drive ... (Read 113 times)

ap345

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________ 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

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Answer to Question 1

D

Answer to Question 2

C



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