Author Question: If the fixed costs can be ignored, a relatively good approximation of the correct transfer price is ... (Read 31 times)

SGallaher96 · **on:** Jul 1, 2018

If the fixed costs can be ignored, a relatively good approximation of the correct transfer price is
a. average costs
b. average fixed costs
c. average variable costs
d. the market price

Question 2

The wages for Nike workers increases. At the same time, we see the price for Adidas shoes increase. How does this affect the market for Nike shoes?
a. The demand curve will shift to the left; the supply curve will shift to the left
b. The demand curve will shift to the left; the supply curve will shift to the right
c. The demand curve will shift to the right; the supply curve will shift to the left
d. The demand curve will shift to the right; the supply curve will shift to the right