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Author Question: A chief purpose of long-term contracts is to improve agents' A) information. B) incentives. C) ... (Read 123 times)

iveyjurea

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on: Jun 29, 2018
A chief purpose of long-term contracts is to improve agents'
 
  A) information.
  B) incentives.
  C) control over principals.
  D) security.

Question 2

If a perfectly competitive firm decides to shut down in the short run, its loss will equal its
 
  A) minimum average variable cost, AVC.
  B) total variable cost, TVC.
  C) total fixed cost, TFC.
  D) average total cost, ATC.


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britb2u

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


iveyjurea

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

irishcancer18

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Reply 3 on: Yesterday
Excellent

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