Economics MCQs

Pricing Questions with solutions MCQs

1. When a commodity is sold at a lower price in "Foreign markets: and at a higher price in "Domestic markets" then the strategy is known as

A

Dumping

B

Multi Plant Monopoly

C

Peak load Pricing

D

Price Ceiling

Pricing General Economics
Correct Answer : A
Explanation :

Dumping is a term used in the context of international trade. It`s when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter`s domestic market.

Correct Answered :

Wrong Answered :

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