This topic contains a solution. Click here to go to the answer

Author Question: Under which of the following circumstances is the principal-agent problem likely to be most serious. ... (Read 11 times)

K@

  • Hero Member
  • *****
  • Posts: 608
Under which of the following circumstances is the principal-agent problem likely to be most serious.
 a. Between general practitioners and patients.
  b. Between surgeons and patients.
  c. Between hospitals and nurses.
  d. Between dentists and physicians.
  e. Between physicians and lawyers.

Question 2

A fall in interest rates leads to:
 a. an increase in the rental rate on a machine.
  b. a decrease in the rental rate on a machine.
  c. no change in the rental rate on a machine.
  d. a fall in the marginal productivity of capital.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

itsakadoozi

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

B

Answer to Question 2

b




K@

  • Member
  • Posts: 608
Reply 2 on: Jul 1, 2018
:D TYSM


xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Excellent

 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library