Which of the Following Is Correct

question 263

Multiple Choice

Which of the following is correct?

• A)When total product is rising, both average product and marginal product must also be rising.
• B)When marginal product is falling, total product must be falling.
• C)When marginal product is falling, average product must also be falling.
• D)Marginal product rises faster than average product and also falls faster than average product.

---

Definitions:

Dumping

Selling a product for a price less than the cost of production to capture market share and force competitors out of the market.

Transfer Pricing

The setting of prices for transactions between affiliated companies within the same multinational corporate structure, affecting financial and tax reporting.

Global Brand Strategy

The approach to creating and maintaining a consistent brand identity and message across different countries and cultures, while accommodating local tastes and preferences.

Global Brand

A brand that is recognized and respected across the world, often associated with consistent quality and prestige.