Which of the following is true? a. Decision making should never ...

[lracut11]

Which of the following is true?
 a. Decision making should never be centralized
 b. When decentralizing decision making, figure out a way to transfer information to the decision maker
  c. When decentralizing decision making, strengthen incentive compensation schemes
 d. When decentralizing decision making, weaken incentive compensation schemes

Question 2

Assume a firm has the following cost and revenue characteristics at its current level of output: price=10.00 . average variable cost=8.00 and average fixed cost =4.00 . This firm is
 a. incurring a loss of 2.00 per unit and should shut down.
  b. realizing only a normal profit.
  c. realizing an economic profit of 2.00 per unit.
  d. incurring a loss per unit of 2.00 . but should continue to operate in the short run.

[234sdffa]

Answer to Question 1

c

Answer to Question 2

d

[lracut11]

YES! Correct, THANKS for helping me on my review

[bitingbit]

Thanks for the timely response, appreciate it