Q1. Explain how is the transfer cost s of an intermediate product Find out d when
(a) There is no exterior market for intermediate product
(b) A perfectly competitive external market for the intermediate products exists, and
(c) An imperfectly competitive external market for the intermediate product exists?
Q2. Illustrate what will be the impact on American Business, in terms of Explain how businesses create value by integrating the production and distribution of goods, services, and information?