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Author Question: The X-intercept of the budget constraint represents a. how much of good Y can be purchased if no ... (Read 97 times)

cookcarl

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on: Jul 1, 2018
The X-intercept of the budget constraint represents
 a. how much of good Y can be purchased if no good X is purchased and all income is spent.
  b. how much of good X can be purchased if no good Y is purchased and all income is spent.
  c. total income divided by the price of X.
  d. b and c.

Question 2

Transfer prices
 a. are an accounting devise to allocate the costs and revenues of intermediate products across divisions
  b. increase the 'profits' of the profit center producing the intermediate product when they rise
  c. decrease the 'profits' of the profit center using the intermediate product when they rise
  d. all of the above


dpost18

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

d


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cookcarl

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Reply #2 on: Jul 1, 2018
Thank you :)


dpost18

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Reply #3 on: Jul 1, 2018
Happy to help you


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