Persistent Dumping (Figure 10.1)In the home market in Japan, consumers see fewer substitutes. The profit-maximizing price in Japan is $60. Press the Japanese price button below to display the price on the graph. At a price of $60 Japanese consumers buy 100 telephones per year. Press the Japanese quantity button below to display the quantity consumed in Japan. Marginal cost equals marginal revenue at $60. Press "Continue" when you are ready to move on. The "Reset" button will clear the graph.
 |