When a transfer price decreases
a. the costs of the division using the intermediate product will fall
b. the profits of the division using the intermediate product will be unaffected
c. the profits of the division using the intermediate product will fall
d. the profits of the division using the intermediate product will rise
d
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If capital gains equal zero, then the Ng family's wealth at the end of the year equals their wealth at the beginning of the year
A) plus consumption minus income. B) plus income. C) plus saving. D) minus personal income taxes. E) minus consumption.
Which of the following antebellum transportation innovations was financed primarily by government funds?
a. the Erie Canal b. the New Orleans steamboat c. the Lancaster Turnpike d. the Ann McKim clipper ship