Which of the following is said to occur when a firm lowers its price in order to sell off excess inventories of a product?
A)Persistent dumping
B)Cyclical dumping
C)Predatory dumping
D)Seasonal dumping

Question

Quizplus · Accepted Answer

Seasonal dumping occurs when a firm lowers its prices to sell off excess inventory of a product, typically at the end of a season when demand for the product decreases. This is often seen in the retail industry, where items such as clothing or seasonal decorations are heavily discounted at the end of a season to make room for new products.

Which of the Following Is Said to Occur When a Firm