The exportation of big portions of a product at a rate decrease than that of the identical product withinside the domestic mark. dumping.
The required details about Dumping is mentioned in below paragraph.
Dumping is a time period used withinside the context of global trade. It's while a rustic or company exports a product at a rate this is decrease withinside the overseas uploading marketplace than the rate withinside the exporter's home marketplace. Because dumping typically includes considerable export volumes of a product, it regularly endangers the economic viability of the product's producer or manufacturer withinside the uploading nation.
Dumping is taken into consideration a shape of rate discrimination. It happens while a producer lowers the rate of an object getting into a overseas marketplace to a stage this is much less than the rate paid through home clients withinside the originating country. The practice is taken into consideration intentional with the intention of acquiring a aggressive advantage in the uploading marketplace.
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Answer: Anthony's net worth is $1322.
The personal net worth statement of Anthony Clement
Assets:
Cash 1085
Camera 635
Total Assets 1720 (1085+635)
Liabilities:
Owed to Vista Travel 305
Owed to Kelley Electronics 83
Total Liabilities 388 (305+83)ony's net wprth os
Net Worth ![1720 - 388 = 1332](https://tex.z-dn.net/?f=1720%20-%20388%20%3D%201332)
Answer:
ALL EXCEPT PRODUCTION
Explanation:
The costs of the value chain includes: Research and Development, Design Costs, Production, Marketing, Distribution and Customer Service.
The costs of the value chain are expensed in the current year income statement because they majorly (except production costs) fall under the category called periodic costs.
Periodic costs are costs that are more aligned with the passage of time than directly traceable to units of a product or event. Another major difference between product costs and period costs is that product costs can only be incurred when the products have been acquired or manufactured, while periodic costs will apply when the goods have not been acquired or produced yet, or as aforementioned, are associated with the passage of time.
In the light of above definition, all costs within the value chain are expensed as periodic costs with the exception of production costs which obviously are product costs.
Two main characteristics of Public goods are that they are non-excludability and non-competitiveness. These characteristics make it difficult for market producers to sell their goods to the individual consumers. The Non-excludable means that it is expensive or impossible for users to exclude other users from using the product.
The US Border Patrol is a Public Good US Border Patrol is a public good because it is the non-competitive and non-exclusive. The Satellite TV is personal property. Equilibrium output is greater than efficient output when negative externalities exist in the market. Use the regulations that require firms to internalize external costs.
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Deadweight loss is a type of economic inefficiency when a good or service is not at its economic equilibrium (where supply equals demand). This loss may be experienced because of a tax or subsidy, or because of market power, such as a monopoly. Economists refer to deadweight loss when they want to show the negative effects of certain policy decisions that are less than optimal.