Author Question: How does supervision benefit team production?[br][br][b][color=#566D7E]Question ... (Read 16 times)

BrownTown3 · **on:** Jun 30, 2018

How does supervision benefit team production?

Question 2

Public goods are goods that have
A) only a few low income consumers.
B) clear property right.
C) nonexcludability and nonrivalrous.
D) features that cannot be addressed by creating property rights.

makaylafy · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

In team production, all members must combine their efforts, but it is hard to monitor the effort and productivity of any one member. Incentives to shirk may be so strong that all members can benefit if a boss monitors their efforts and apportions their rewards.

Answer to Question 2

C