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

Author Question: If increasing the utility of the transfer recipient is the only criterion cared about, then _____. ... (Read 12 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
on: Jul 1, 2018
If increasing the utility of the transfer recipient is the only criterion cared about, then _____.
 
  a. a cash payment will usual be preferred to an in-kind payment
  b. an in-kind payment will usually be preferred to a cash payment
  c. a cash payment and in-kind payment are always equal
   d. an in-kind payment will always be preferred to a cash payment

Question 2

If the managers of your firm have bounded rationality, then
 
  A) the firm should fire them and hire more competent managers.
  B) a Nash equilibrium does not exist.
  C) they are limited in their ability to calculate and may not succeed in maximizing profits.
  D) it is not possible to maximize profits.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

polinasid

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

C


APUS57

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Jul 1, 2018
Correct answers!


polinasid

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

A single crossover inserts F at a specific locus, which then determines the order of gene transfer A single crossover inserts F at a specific locus, which then determines the order of gene transfer
Stretching the hip flexors with the recipient side-lying. Stretching the hip flexors with the recipient side-lying.
Finishing techniques for the back of the body. With the recipient fully draped, gently rock the body ... Finishing techniques for the back of the body. With the recipient fully draped, gently rock the body ...
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Mechanisms of Heat Transfer Mechanisms of Heat Transfer
The progressive transfer during conjugation of various genes The progressive transfer during conjugation of various genes
Video: Ear Virtual Tour Animation

For a complete list of videos, visit our video library