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Author Question: John has 40 to spend on pizza and tacos. Pizza costs 10 each and tacos are 1 per taco. John's real ... (Read 115 times)

sjones

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on: Jun 29, 2018
John has 40 to spend on pizza and tacos. Pizza costs 10 each and tacos are 1 per taco. John's real income ________.
 
  A) is 40
  B) is 4 pizzas or 40 tacos
  C) is 4 pizzas plus 40 tacos
  D) depends only on his money wage

Question 2

The principal-agent problem refers to the fact that firms must
 
  A) choose between economic efficiency and technological efficiency.
  B) choose between a managerial and an incentive system.
  C) devise incentives to get employees to work in the best interest of the firm's owners.
  D) choose between operating as a partnership or corporation.


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macmac

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

B

Answer to Question 2

C


sjones

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

31809pancho

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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