This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If products similar to the intermediate good can be bought externally, an approximation of the ... (Read 64 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: Jul 1, 2018
If products similar to the intermediate good can be bought externally, an approximation of the correct transfer price is
 a. average costs
 b. average fixed costs
 c. average variable costs
  d. the market price

Question 2

Suppose there are 11 buyers and 11 sellers, each willing to buy or sell one unit of a good, with values 14, 13, 12, 11, 10, 9, 8, 7, 6, 5, 4,. Assume no transaction costs and a competitive market, what is the equilibrium price in this market?
 a. 7
  b. 8
  c. 9
  d. 10


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carojassy25

  • Sr. Member
  • ****
  • Posts: 299
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

c


cherise1989

  • Member
  • Posts: 555
Reply 2 on: Jul 1, 2018
:D TYSM

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

onions taste good onions taste good
In the box on upward social mobility on page 82, we discussed how Latinos face a similar situation. ... In the box on upward social mobility on page 82, we discussed how Latinos face a similar situation. ...
Natural Products Used as Antineoplastic Therapy Natural Products Used as Antineoplastic Therapy
Common Fluoride Products Common Fluoride Products
Where’s the Saturated Fat in Your Foods? Saturated fat is found in animal products, tropical oils Where’s the Saturated Fat in Your Foods? Saturated fat is found in animal products, tropical oils
Red blood cells with normal hemoglobin, like the three similar ones, are smooth and round Red blood cells with normal hemoglobin, like the three similar ones, are smooth and round
Video: Chromosome structural organization/ Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library