This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Chicago Heights school district study found that A) teachers have a low occurrence of moral ... (Read 240 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
on: Jun 29, 2018
The Chicago Heights school district study found that
 
  A) teachers have a low occurrence of moral hazard.
  B) students did much better with a teacher who received merit pay.
  C) adverse selection results among teachers with poor students.
  D) teachers did not response to pay incentives.

Question 2

When a natural monopoly is regulated using a marginal cost pricing rule, what can you say about the firm's profit and the market's efficiency?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jessofishing

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

Using a marginal cost pricing rule, the monopoly is incurring an economic loss. However, there is an efficient quantity of output produced so that the market is efficient with no deadweight loss.


nevelica

  • Member
  • Posts: 563
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

The Dugong is an endangered species; the largest remaining population is found in Australian waters The Dugong is an endangered species; the largest remaining population is found in Australian waters
The Red-bearded Bee-eater Nyctyornis amictus is a large species of bee-eater found in the Indo-Malay The Red-bearded Bee-eater Nyctyornis amictus is a large species of bee-eater found in the Indo-Malay
school of fish school of fish
The Z lens, which was developed by Zaidel to study functional asymmetry in split-brain patients. It ... The Z lens, which was developed by Zaidel to study functional asymmetry in split-brain patients. It ...
Graduating High School Graduating High School
Ratio of College Wages to High-School Wages Ratio of College Wages to High-School Wages
Video: Cytotoxic T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library