Answer:
a. The sale of a good by a foreign supplier in another country at a price below that charged by the supplier in its home market.
Explanation:
In some cases we find dumpers in the an economic environment. There main objective is drive out competitors since they cannot sell below normal selling price.
The sale of good by the foreign supplier in another country below the normal price would create a monopolistic situation as they will be able to control the price and quality of the product.
For example, 10KG of wheat are sold normally for $5 locally in Country A by a supplier firm and are sold the same amount in Country B.
Then the supplier firm from Country A exports to Country B and decides to sell its 10KG of wheat for $2 in the foreign country. This action is called dumping or price dumping.
Correct answer choice is:
<h2>B. more government control over production.</h2><h3>Explanation:</h3>
A command economy is a regularity where the government, rather than the free market, decide what assets should be manufactured, how enormously should be manufactured and the amount at which the assets are allowed for trade. It also fixes finances and interests. The command economy is a fundamental characteristic of a communist nation.
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Answer:
Use formula: (((F1^F2) - (F1*F2)) / ((F2-F1) + (F1*F2))) / % of hours
Explanation:
