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 46 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?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

For a complete list of videos, visit our video library