Author Question: The use of incentive payments for salespeople combats A) both adverse selection and moral hazard. ... (Read 71 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
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



diesoon

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library