If a company sells a product at a price that is less than the cost of producing the product, then it is engaged in dumping.
<h3>What do you mean by a Product?</h3>
A product refers to any product, goods, or services intended for sale purposes. Goods, services, experiences, shopping, convenience, specialty goods, consumer goods, and industrial goods are the different types of products.
Dumping refers to when a company or country exports a product that is lower in the foreign market than the domestic export market. According to World Trade Organization, dumping is legal.
Therefore, Dumping is when a company sells a product that is lower than the cost of producing the product.
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Answer:
oil plataform 450,000 debit
ARO liability oil Plataform 450,000 credit
Explanation:
We will recognize the ARO at fair value, and then recongize an interest expense each year to make his balance equal to 1,000,000
The ARO will be capitalized into the oil plataform long-term assets
and depreciate over the past of time.
Bartering is done without C) money!
Recall how pioneers traded with each other goods.
Answer:
3 & 4
Explanation:
Let the two number be 'a' and ' b'.
a + b = 7
a - b = 1
Adding the two equations
2a = 6
a = 6/2
a = 3
Substituting 'a' in any equation
a + b = 7
3 + b = 7
b = 7-3
b =4
The two numbers are 3 and 4