Which of the following may allow a manufacturer to practice dumping?
A) countervailing duties
B) subsidies
C) currency control
D) import license
Answer: B) subsidies
Business
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Michaels presentation to a nonprofit group netted him only three hundred dollars, a tenth of his usual honorarium but he believes in pro bono work.
What will be an ideal response?
Business
Under ________, the market consists of many buyers and sellers who trade over a range of prices rather than a single market price
A) pure competition B) monopolistic competition C) oligopolistic competition D) a pure monopoly E) the dominant firm model
Business