Question : Dumping is a form of price discrimination at
Option 1: within industry
Option 2: National level
Option 3: International level
Option 4: local level
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Correct Answer: International level
Solution : The correct option is International Level.
When a company sells its products in a foreign market at a price lower than the domestic market or production cost, this can harm domestic industries in the importing country, potentially leading to anti-dumping measures.
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Question : National Income is also called as :
Option 1: GNP at Factor Cost
Option 2: GNP at Market Price
Option 3: NNP at Factor Cost
Option 4: NNP at Market Price
Question : The best exmple of a capital intensve industry in India is
Option 1: Textile industry
Option 2: Steel industry
Option 3: Tourism industry
Option 4: Sports goods industry
Question : Dumping of solid waste in lowlaying areas earth cover is called as:
Option 1: Sanitary landfilling
Option 2: Open Dumping
Option 3: Composting
Option 4: Incineration
Question : The marginal revenue of a monopolist is
Option 1: more than price .
Option 2: equal to price .
Option 3: less than price .
Option 4: less than marginal cost .
Question : The relationship between the value of money and the price level in an economy is
Option 1: Direct
Option 2: Inverse
Option 3: Proportional
Option 4: Stable
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