7. forms of dumping igrushka is a profit-maximizing firm that produces wooden dolls. in russia, its home country, it enjoys unchallenged market power due to trade barriers that restrict competition. however, igrushka also exports wooden dolls to france, where the market is highly competitive. given this scenario, which of the following statements is correct? igrushka benefits from selling wooden dolls at a higher price in russia and a lower price in france. igrushka maximizes its revenue by selling wooden dolls at a lower price in russia and at a higher price in france. russia is perfectly capable of monopolizing france’s market for wooden dolls. suppose igrushka realizes that it should use every opportunity to maximize its profit and decides to resort to by consistently selling wooden dolls at lower prices abroad than at home. this may encourage the french government to protect the interests of by .

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.