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Information Technology Careers
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... farm output, so farmers' cost~ may not reflect the social shadow price of inputs used. In particular, in areas of unemployment the true cost of labour may be quite low. But farmers pay the market wage and not the social wage, and some stimulus to production may be justified at least as a part of a r ...
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< 1 ... 102 103 104 105 106 107 108 109 110 ... 166 >

Dumping (pricing policy)

In economics, ""dumping"" is a kind of predatory pricing, especially in the context of international trade. It occurs when manufacturers export a product to another country at a price either below the price charged in its home market or below its cost of production.
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