Full Serve Inc

question 2

Multiple Choice

Full Serve Inc.has a number of divisions.One division, Gamma, makes zippers that are used in the manufacture of boots.Another division, Delta, makes boots that use the zippers and needs 95,000 zippers per year.Gamma incurs the following costs for one zipper:

Full Serve has the capacity to make 960,000 zippers per year, but due to a soft market, it only plans to produce and sell 630,000 zippers next year.Delta currently buys zippers from an outside supplier for $4.00 each (the same price that Gamma receives) .
- Assume that Full Serve allows negotiated transfer pricing.What is the ceiling of the bargaining range and which division sets it?

• A) $3.50; Gamma
• B) $4.00; Delta
• C) $2.70; Gamma
• D) $2.70; Delta
• E) $1.38; Gamma

Identify the role of the peripheral nervous system and its subdivisions.

Explain the importance of lateralization in brain function.

Distinguish between the influences of nature and nurture on psychological traits and behaviors.

Understand the relationship between biology and psychological processes, and how evolutionary factors influence behavior.

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Definitions:

Output

The total amount of goods or services produced by a company, industry, or economy.

Marginal Product

The additional output gained by adding one more unit of a specific input, while keeping other inputs constant.

Total Output

The total value of all goods and services produced in an economy over a specific time period.

Average Total Cost

The total cost of production divided by the quantity produced, incorporating both fixed and variable costs.