This topic contains a solution. Click here to go to the answer

Author Question: A large part of the principal-agent problem stems from the desire of A) agents to work hard. B) ... (Read 39 times)

altibaby

  • Hero Member
  • *****
  • Posts: 562
A large part of the principal-agent problem stems from the desire of
 
  A) agents to work hard.
  B) agents to avoid working.
  C) principals to work hard.
  D) principals to avoid working.

Question 2

The decrease in consumer surplus and producer surplus that results from an inefficient level of production is called the
 
  A) external cost.
  B) external benefit.
  C) deadweight loss.
  D) big tradeoff.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

B

Answer to Question 2

C





 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

For a complete list of videos, visit our video library