Where There Is a Perfectly Competitive External Market for a Transfer

question 3

Multiple Choice

Where there is a perfectly competitive external market for a transfer product, the profit maximizing condition for the transfer product division is:

• A) MR_F = MC_F + MC_T
• B) MR_F = MC_F - MC_T
• C) MR_T = P_T = MC_T
• D) MR_T = P_T + MC_T
• E) MR_F = MC_F = MC_T

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