Examlex
The vector gives the number of units of two models of laptops produced by a company.The vector gives the prices (in dollars) of the two models of laptops, respectively.Use dot products to determine the revenue for these two laptops if the price of each is increased by 3.5%.
Declining Industry Argument
The rationale that certain industries are on a downturn due to factors like decreased demand or technological advancements, potentially justifying protectionist measures.
Market Share
The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.
Trade Restrictions
Measures imposed by governments to regulate international trade, including tariffs, quotas, embargoes, and other forms of trade barriers, aimed at protecting domestic industries.
Dumping
Selling products in a foreign market at a price below the cost to produce them, often considered a form of predatory pricing.
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