In production and cost analysis, the short run is the period of time in which one (or more) of the resources employed in the production process is fixed or incapable of being varied.
a. true b. false
Question 2
Straight line pay for performance
a. Eliminates the managers' incentives to lie about the budget
b. Eliminates the perverse incentive to hide information
c. Does not link compensation to meeting a budget target
d. All of the above
