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

Author Question: A conflict between an owner and a manager may occur when A) the manager earns more when the firm ... (Read 149 times)

Charlie

  • Hero Member
  • *****
  • Posts: 640
on: Jul 1, 2018
A conflict between an owner and a manager may occur when
 
  A) the manager earns more when the firm has higher profits.
  B) the manager is seeking to maximize leisure time.
  C) the owner can easily observe the manager slacking off and punish him accordingly.
  D) the firm is very small and the manager must perform multiple tasks.

Question 2

Sandy's current consumer surplus for candy is 20. Candy is an inferior good for her. When her income increases and the price of candy remains unchanged, her consumer surplus will
 
  A) increase.
  B) decrease.
  C) remain the same.
  D) Not enough information.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Charlie

  • Member
  • Posts: 640
Reply 2 on: Jul 1, 2018
Gracias!

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Examples of covalent modifications that occur to the amino terminal tails of histone proteins. The a Examples of covalent modifications that occur to the amino terminal tails of histone proteins. The a
Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
Choosing the Best Conflict Resolution Approach Choosing the Best Conflict Resolution Approach
The fire triangle and the fire tetrahedron For combustion to occur, three elements must be ... The fire triangle and the fire tetrahedron For combustion to occur, three elements must be ...
Firm handshake Firm handshake
Regulation can occur at any stage in the expression of genetic material in eukaryotes Regulation can occur at any stage in the expression of genetic material in eukaryotes
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library