Assume the price of a product sold by a purely competitive firm is $5. Given the data in the accompanying table, at what output level is total profit highest in the short run?

Dumping is considered a practice that seriously harms domestic producers because

A) the quality of the dumped good is superior to that of the importing country. B) it allows the exporting country to use poor quality materials. C) it establishes a price that cannot be met by domestic producers. D) it discriminates between wealthy and poor countries.

Outsourcing is the

A. Loss of output because of an increase in unemployment. B. Unemployment that is inevitable when jobs leave a country. C. Relocation of production from domestic companies to foreign countries. D. Movement of workers to foreign countries where there are more jobs.