Persistent Dumping Can Occur If a Profit Maximizing Firm Faces

question 24

Multiple Choice

Persistent dumping can occur if a profit maximizing firm faces a _____ demand in the home market and sells its good in a _____ international market.

• A)relatively elastic; less competitive
• B)relatively inelastic; less competitive
• C)relatively inelastic; highly competitive
• D)relatively elastic; highly competitive

---

Definitions:

Gagging

A reflexive action of the throat to prevent choking, which can be triggered by a variety of causes including the presence of a foreign object in the back of the mouth.

Palmar Reflex

An involuntary response seen in infants, wherein they grasp an object placed in the palm of their hand.

Grasping Reflex

Grasping objects that touch the palms.

Moro Reflex

Arching the back, flinging out the arms and legs, and drawing them back to the chest in response to a sudden noise or change in position.