Author Question: The use of incentive payments for salespeople combats A) both adverse selection and moral hazard. ... (Read 96 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
The use of incentive payments for salespeople combats
 
  A) both adverse selection and moral hazard.
  B) neither adverse selection nor moral hazard.
  C) adverse selection but not moral hazard.
  D) moral hazard but not adverse selection.

Question 2

The above figure shows Sam's budget line and one of his indifference curves. What combination of coffee and gasoline will Sam select?
 
  A) combination a because that contains all the gasoline he needs and still has some coffee
  B) combination c because that contains all the coffee he needs and some gasoline
  C) combination b because it is on his budget line and on the highest attainable indifference curve
  D) none of the above



diesoon

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

For a complete list of videos, visit our video library