A. The price is greater than the marginal cost
B. The price is greater than the average cost
C. Costs are higher than they could be due to a lack of competitive pressure
D. There are external cost
A. predatory dumg represents the most common form of dumg by U.S firms
B. U.S firms can obtain protection from foreign dumg, even though this protection tends to harm overall U.S welfare
C. dumg can never be a profit-maximizing strategy for U.S firms to pursue
D. U.S firms rarely if ever, engage in distress dumg or persistent dumg
A. compare living standards of different countries
B. pay wages b multinational companies
C. estimate the costs of economic growth
D. convert nominal GDP to real GDP
A. the ratio of the percentage of total income received by the top 20% of families to the percentage of total income received by by the bottom 20% of families
B. the most common way of representing the income distribution graphically
C. a commonly used measure of the degree of inequality in an income distribution
D. a commonly used measure of the degree of inequity in an income distribution
A. a beautifully landscaped lawn.
B. preservation of wetlands
C. a public utility.
D. a book
A. decreases a country’s net exports and increases its long-run growth path
B. increases a country’s net exports and increases its long-run growth path
C. increases a country’s net exports and decreases its long-run growth path
D. decreases a country’s net exports and decreases its long-run growth path
A. Hard Leaf
B. Maple Leaf
C. Green Leaf
D. Gold Leaf