Management of the Concord Corporation would like the Food Division to transfer 10400 cans of its final product to the Restaurant Division for $34. The Food Division sells the product to customers for $74 per unit. The Food Division’s variable cost per unit is $35 and its fixed cost per unit is $12. If the Food Division has 10400 units available capacity, what is the minimum transfer price the Food Division should accept?

Match each definition in column 1 with a vocabulary word from column 2." some of the entries in column 2 do not apply costs which do not change with the level of output costs which change with the level of output the change in total costs resulting from an increase in output by one unit function showing the quantities of a particular good demanded at a range of price when the quantity supplied of a good is greater than the quantity demanded when the quantity demanded for a particular good is greater than the quantity supplied the price and quantity determined in a market when the supply equals the demand when revenue exceeds costs when costs exceeds revenue output where revenue = costs