The use of incentive payments for salespeople combats
A) both adverse selection and moral hazard.
B) neither adverse selection nor moral hazard.
C) adverse selection but not moral hazard.
D) moral hazard but not adverse selection.
Question 2
The above figure shows Sam's budget line and one of his indifference curves. What combination of coffee and gasoline will Sam select?
A) combination a because that contains all the gasoline he needs and still has some coffee
B) combination c because that contains all the coffee he needs and some gasoline
C) combination b because it is on his budget line and on the highest attainable indifference curve
D) none of the above
Stablizing Selection
Altruistic behaviour or kin selection?
A colourful male guppy courting a female guppy: What are the influences of mate selection by female
Kohlberg's Stages of Moral Development
Clonal selection
Directional Selection in Peppered Moths