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

Author Question: A principal-agent problem occurs when hiring workers to work for a firm because A) workers' ... (Read 142 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
A principal-agent problem occurs when hiring workers to work for a firm because
 
  A) workers' interests are not always the same as the interests of the owners of the firm.
  B) workers do not respond to incentives.
  C) the owners of a firm are always in a position to exploit the workers.
  D) workers' interests are not important in the managerial decisions of the firm.

Question 2

Economic growth can be represented by
 
  A) a movement down the production possibilities frontier (PPF).
  B) a movement up the production possibilities frontier (PPF).
  C) an inward shift of the production possibilities frontier (PPF).
  D) an outward shift of the production possibilities frontier (PPF).



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

underwood14

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

A

Answer to Question 2

D




Capo

  • Member
  • Posts: 545
Reply 2 on: Jun 29, 2018
Wow, this really help


dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library