The 'dumping margin' is the difference between: MCQ with Answer and Explanation

Explanation:
Average fixed cost falls continuously with an increase in output because total fixed cost is spread over a larger number of units; the AFC curve is a rectangular hyperbola.

Explanation:
Tastes and preferences of consumers affect demand, not supply. Supply is determined by price, cost of production, technology, prices of related goods, and government policies.

Explanation:
An inflationary gap occurs when aggregate demand exceeds what the economy can produce at full employment.