When a transfer price is decreased

a. the buying division will chose to purchase less from the selling division
b. the buying division will chose to purchase more from the selling division
c. the selling division will chose to purchase less from the buying division
d. the selling division will chose to purchase more from the buying division


b

Economics

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The Other America, which challenged the notion that we had conquered poverty, was written by ___________.

Fill in the blank(s) with the appropriate word(s).

Economics

The figure above shows the demand and cost curves for a single-price monopoly. What economic profit does this firm make?

A) zero B) $600 C) $400 D) $200

Economics

Economic activity that is above potential output ________

A) signals that potential output is about to increase B) is not possible C) results from an economic shock to which the economy has yet to adjust fully D) occurs near the trough, rather than the peak, of a business cycle E) none of the above

Economics

Monopolistically competitive markets and oligopolies are similar in that

A. the kinked demand curve can be used to analyze the firms' pricing decisions. B. there is mutual interdependence amongst the firms. C. nonprice competition is a tool used. D. the number of firms is identical.

Economics