When a transfer price is set higher

a. the profits of the division producing the intermediate product will rise
b. the profits of the division producing the intermediate product will fall
c. the costs of the division producing the intermediate product will rise
d. the costs of the division producing the intermediate product will fall

a

Economics

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If the price level is increasing and output is falling, which of the following could be the reason?

a. A negative demand shock b. A positive supply shock c. A positive supply shock combined with a positive demand shock d. A negative supply shock e. A positive demand shock

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More businesses in the United States are organized as partnerships than as proprietorships

Indicate whether the statement is true or false

Economics