Microeconomics

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Jim' burger produces 500 burgers per week. Each burger is priced at 3 . A business ordered 750 ... Started by pane00	1 Replies 73 Views	Jul 1, 2018 by at
According to the Net Present Value (NPV) rule, managers choose to invest if a. The NPV of the ... Started by dmcintosh	1 Replies 29 Views	Jul 1, 2018 by jaygar71
In the short-run, a firm's decision to shut-down should not include a. Avoidable costs b. Variable ... Started by luminitza	1 Replies 48 Views	Jul 1, 2018 by braelync
If the cost of capital increased to 25, does the firm invest in the printer? a. Yes because the ... Started by nevelica	1 Replies 65 Views	Jul 1, 2018 by gasdhashg
In a situation where an artist is selling his own work to the galleries, the principle is a. The ... Started by dejastew	3 Replies 45 Views	Jul 1, 2018 by quynhmickitran
The break-even quantity is a. 1250 b. 625 c. 416.67 d. 500[br][br][b][color=gray]Question ... Started by moongchi	1 Replies 24 Views	Jul 1, 2018 by Jbrasil
The problem the agent faces when deciding how to keep the agent motivated is called a. Adverse ... Started by kellyjaisingh	1 Replies 53 Views	Jul 1, 2018 by whitcassie
What are some of the solutions for a hold-up problem? a. Mergers b. Contracts c. Exchange of ... Started by khang	1 Replies 14 Views	Jul 1, 2018 by fauacakatahaias
Information gathering for an adverse selection happens a. Before the agent is hired b. After the ... Started by jparksx	1 Replies 70 Views	Jul 1, 2018 by frejo
If the interest rate is 10 then the net present value of these cash flows is a. 5,000 b. - 9,091 ... Started by erika	1 Replies 70 Views	Jul 1, 2018 by 1_Step_At_ATime
Adverse selection is a a. Pre-contractual problem b. Post contractual problem c. Post firing ... Started by clippers!	1 Replies 231 Views	Jul 1, 2018 by Meganchabluk
Moral hazard is a a. Pre-contractual problem b. Post contractual problem c. Post firing problem ... Started by anshika	1 Replies 69 Views	Jul 1, 2018 by BUTTHOL369
Which of the following is true? a. Incentive compensation imposes no risks on the agents and thus ... Started by roselinechinyere27m	3 Replies 19 Views	Jul 1, 2018 by dudman123
Adopt incentive compensation a. Under all circumstances since it is the best solution b. Only if ... Started by newbem	1 Replies 38 Views	Jul 1, 2018 by manuelcastillo
In an ideal organization, when do agents always make decisions in the best interests of their ... Started by ghost!	1 Replies 45 Views	Jul 1, 2018 by milbourne11
To ensure that decision makers have enough information to make god decisions a. Move information to ... Started by jake	1 Replies 70 Views	Jul 1, 2018 by irishcancer18
A firm will shut down in the long-run if a. P>AVC b. PATC[br][br][b][color=black]Question ... Started by Kikoku	1 Replies 35 Views	Jul 1, 2018 by jaykayy05
Which of the following is true? a. Decision making should never be centralized b. When ... Started by lracut11	1 Replies 56 Views	Jul 1, 2018 by 234sdffa
Assume a firm has the following cost and revenue characteristics at its current level of output: ... Started by Deast7027	1 Replies 18 Views	Jul 1, 2018 by jennafosdick
To avoid employees gaming the system a. Try to anticipate the more obvious games b. Adjust the ... Started by tuffie	1 Replies 25 Views	Jul 1, 2018 by snackralk
Monitoring a. Gives the principle a better performance evaluation metric b. Allows the principle to ... Started by gbarreiro	3 Replies 136 Views	Jul 1, 2018 by gasdhashg
Consider an apple orchard owner deciding how to incentivize his fruit pickers. He pays per pound ... Started by vicky	1 Replies 105 Views	Jul 1, 2018 by Eazy416
An incentive conflict is when a. The agent and the principal have identical incentives b. The agent ... Started by shofmannx20	1 Replies 43 Views	Jul 1, 2018 by harveenkau8139
Which of the following variables is not needed to determine the break-even quantity? a. Marginal ... Started by tuffie	1 Replies 31 Views	Jul 1, 2018 by wergv
Which of the following is classified as a sunk cost? a. Cost of the next best alternative b. ... Started by kodithompson	1 Replies 40 Views	Jul 1, 2018 by jsm54321