Question: Please answer if true or false and explain your answer thank you. Government can control prices. Price skimming widens market share, thus avail the advantage

Please answer if true or false and explain your answer thank you.

  1. Government can control prices.
  2. Price skimming widens market share, thus avail the advantage of economies of scale.
  3. Countries with lower value added tax will surely result to lower prices.
  4. Tariffs and taxes can be advantageous or disadvantageous in international pricing.
  5. Exportation take can take advantage of cultural differences.
  6. Price escalation can be totally managed by manufacturing in other countries with low labor costs.
  7. Companies can offer same product at different prices in different countries.
  8. Government can impose higher tariff to protect local products and discourage imported products.
  9. Overseas production leads to management of price escalation.
  10. Exportation allows company to sell its product even at a breakeven.
  11. Dumping is prohibited.
  12. Channel of distribution increases the price of the product but not the profit.
  13. CARTELS is imposed mainly to protect consumers.
  14. Currency fluctuations will always be detrimental in pricing.
  15. Government can attract foreign investors by putting up economic zones.

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