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

Author Question: Under which of the following circumstances is the principal-agent problem likely to be most serious. ... (Read 49 times)

K@

  • Hero Member
  • *****
  • Posts: 608
Under which of the following circumstances is the principal-agent problem likely to be most serious.
 a. Between general practitioners and patients.
  b. Between surgeons and patients.
  c. Between hospitals and nurses.
  d. Between dentists and physicians.
  e. Between physicians and lawyers.

Question 2

A fall in interest rates leads to:
 a. an increase in the rental rate on a machine.
  b. a decrease in the rental rate on a machine.
  c. no change in the rental rate on a machine.
  d. a fall in the marginal productivity of capital.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

itsakadoozi

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

B

Answer to Question 2

b




K@

  • Member
  • Posts: 608
Reply 2 on: Jul 1, 2018
:D TYSM


amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Excellent

 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library