The process in which an exporter sells a good to a country at a price below its own production costs is:

What assumption is used when making demand curves?

a. All economic factors remain constant except price. b. All consumers lie about their purchasing habits. c. Inflation always causes product prices to rise. d. Availability of product is the most important variable.

According to your authors, the prohibition on alcohol kept the ________ curve relatively stable while the ________ curve became more ________

A) supply; demand; elastic B) supply; demand; inelastic C) demand; supply; elastic D) demand; supply; inelastic