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

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

For a complete list of videos, visit our video library