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Author Question: Dumping can never be a profit maximizing strategy for a firm to follow. Indicate whether the ... (Read 34 times)

genevieve1028

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Dumping can never be a profit maximizing strategy for a firm to follow.
 
  Indicate whether the statement is true or false

Question 2

Refer to the figure above. In autarky equilibrium, the relative price is given by the slope of the production possibility frontier at point
 
  A) D.
  B) E.
  C) F.
  D) Can't answer without more information.



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Bigfoot1984

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Answer to Question 1

FALSE

Answer to Question 2

B




genevieve1028

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


connor417

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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