Antidumping duties cannot be levied when the harm to domestic industries is very small

Diversification can reduce firm-specific risk

a. True b. False Indicate whether the statement is true or false

The Blue Ridge Furniture Factory has fixed costs of $10 million and variable costs of $5 million. If it turns out 1 million chairs a year, how much is the average total cost of producing one chair?

What will be an ideal response?