When a firm buys a product from another firm in the same company, it is charged
A) an implicit price.
B) a market price.
C) a predatory price.
D) a transfer price.
D
Economics
You might also like to view...
Emma hopes to get $5 million for her land by refusing to come to terms with the company that wants to buy the land to build apartments
The apartment builders have offered Emma $1.5 million for her land, which is what they paid other land owners in her area for similar-size parcels. Economists would refer to Emma as a ________.
Economics
As a firm increases its output, its average total cost decreases. This is an outcome of:
A) the Law of Demand. B) economies of scale. C) diseconomies of scale. D) the Law of Diminishing Returns.
Economics