Author Question: The value of an additional baker to a bakery is equal to the A) price of bread. B) value of ... (Read 96 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
The value of an additional baker to a bakery is equal to the
 
  A) price of bread.
  B) value of marginal product of the baker.
  C) baker's marginal productivity in terms of loaves of bread.
  D) marginal cost of making an additional loaf of bread.

Question 2

Gilda's Art Gallery rewards its employees with stock each year the gallery makes profits. This stock allows the employees to own part of the gallery. This practice is known as
 
  A) the principle-agent problem.
  B) incentive pay.
  C) minimizing implicit costs.
  D) minimizing explicit costs.



wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library