Which of the following is said to occur when a firm with market power uses price discrimination between markets to increase its total profit?
A)Persistent dumping
B)Cyclical dumping
C)Predatory dumping
D)Seasonal dumping

Question

Quizplus · Accepted Answer

Persistent dumping involves a firm with market power engaging in price discrimination between markets to maximize its total profits. This strategy entails selling a product at a lower price in a foreign market than in the domestic market over an extended period.

Which of the Following Is Said to Occur When a Firm