Dumping can never be a profit maximizing strategy for a firm to follow.

Name: Dumping can never be a profit maximizing strategy for a firm to follow.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

Dumping can be a profit maximizing strategy for a firm in the short-term, as it allows them to sell their products at a lower price than competitors, increasing market share and potentially driving competitors out of business. However, in the long-term, dumping can harm the firm's reputation and lead to anti-dumping penalties, undermining profitability.

Dumping Can Never Be a Profit Maximizing Strategy for a Firm