Business, 03.01.2020 23:31 ecat1214

The european union accused south korea of selling ships at a loss in an attempt to push its european rivals out of the market. in other words, south korea was accused of: a. dumpingb. illegal importingc. countertradingd. fiscal improprietye. using an illegal cartel

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Answer from: ellenharley7

Dumping

Explanation:

Dumping is the practice of when a country sells a product in the foreign market at a lower price then as it was sold in their domestic market. This term applies to export/import. As we can see in the example, South Korea is selling their ships at a lower price in the European Union than it was sold in its own country. The purpose of dumping is to gain market share at a rapid pace and drive out its competition. It is widely seen as unethical, and can invoke certain penalties in some countries.

Answer from: Quest

Answer:

the correct answer is economics is a game without winners or losers.

explanation:

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

Answer from: Quest

$527.7.if the following was the question $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?

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