1) Ex 2-1. What is the passage mainly about? a) setting sales prices  b) influencing competitors  c) lowering fixed expenses  d) preventing rising expenses 2) Ex 2-2.Businesses are only allowed to lower prices if a) they are dumping  b) they remain above their costs  c) they are being sued  d) their competitors agree 3) Ex 2-3.What can be inferred about dumping? a) It is considered ethical.  b) It is legal in some countries.  c) It involves the markup method.  d) It doesn't account for fixed expenses. 4) Ex 3-1. sales price  a) an amount added to costs when setting prices  b) the amount a business charges for product  c) setting a price below costs  d) to initiate legal proceedings against someone 5) Ex 3-2.dumping a) an amount added to costs when setting prices  b) the amount a business charges for product  c) setting a price below costs  d) to initiate legal proceedings against someone 6) Ex 3-3.markup a) an amount added to costs when setting prices  b) the amount a business charges for product  c) setting a price below costs  d) to initiate legal proceedings against someone 7) Ex 3-4.sue a) an amount added to costs when setting prices  b) the amount a business charges for product  c) setting a price below costs  d) to initiate legal proceedings against someone 8) Ex 4-1. Low prices can drive competitors _____. a) out of business b) predatory c) cost-plus method d) below cost 9) Ex 4-2. Dumping is considered a _____ pricing practice.  a) out of business b) predatory c) cost-plus method d) below cost 10) Ex 4-3. The ______involves adding a certain percentage.  a) out of business b) predatory c) cost-plus method d) below cost 11) The company is being sued because it was pricing a) out of business b) predatory c) cost-plus method d) below cost 12) Ex 6-1. The woman is surprised by the lawsuit. a) True b) False 13) Ex 6-2. The man often makes purchases from the company. a) True b) False 14) Ex 6-3. The woman thinks the company was acting against the law. a) True b) False

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