A Firm That Faces Problems of Falling Sales and Excess

question 36

Multiple Choice

A firm that faces problems of falling sales and excess productive capacity might resort to international dumping if it:

• A) Can charge higher prices in markets that are elastic to price changes
• B) Earns revenues on foreign sales that at least cover variable costs
• C) Can sell at that price where domestic and foreign demand elasticities equate
• D) Is able to force foreign prices below marginal production costs

---

Definitions:

Battery Pack

A collection of battery cells or batteries grouped together in a single casing, supplying electric power to a device.

Functioning Time

The duration for which a system or device operates effectively without failure.

Standard Deviation

Standard deviation is a measure of the amount of variation or dispersion of a set of values, indicating how much the values deviate from the mean.

Swimming Time

The duration it takes for a swimmer to complete a prescribed distance under specific conditions.