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Author Question: Dumping can never be a profit maximizing strategy for a firm to follow. Indicate whether the ... (Read 59 times)

genevieve1028

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


genevieve1028

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

TheNamesImani

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

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