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Author Question: A principal-agent problem occurs when hiring workers to work for a firm because A) workers' ... (Read 64 times)

Capo

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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).



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underwood14

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Answer to Question 1

A

Answer to Question 2

D




Capo

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


okolip

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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