« previous next »

Author Question: When the maximizing actions of two economic agents are not aligned, these agents face a(n): A) ... (Read 101 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
When the maximizing actions of two economic agents are not aligned, these agents face a(n):
 
  A) coordination problem.
  B) incentive problem.
  C) correspondence problem.
  D) objective problem.

Question 2

Demand curves for the services of productive resources
 
  A) have no meaning, because people must have income in order to live.
  B) obey the law of demand.
  C) tend to be perfectly elastic in the long run because any resource can ultimately function as a substitute for any other.
  D) tend to be perfectly inelastic in the short run as long as production processes are determined by technology.


mcni194

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Classification of Antihypertensive Agents Classification of Antihypertensive Agents
Plasma insulin binds to receptors on target cells to enter the cells, which starts actions that lead ... Plasma insulin binds to receptors on target cells to enter the cells, which starts actions that lead ...
Using hot stones to massage the face. Using hot stones to massage the face.
economic question economic question
economic question (having trouble) economic question (having trouble)
DNA intercalating agents DNA intercalating agents
Video: ribosome

For a complete list of videos, visit our video library