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Author Question: Which of the following may result when workers have much better information about their own ... (Read 52 times)

@Brianna17

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Which of the following may result when workers have much better information about their own productivities than employers have?
 a. discrimination
  b. natural selection
  c. principal-agent problems
  d. unemployment
  e. adverse selection

Question 2

The price charged by a perfectly competitive firm is determined by
 a. each individual firm
  b. a group of firms acting together as a cartel
  c. market demand and market supply
  d. the firm's total costs alone
  e. the firm's average variable cost



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vboyd24

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Answer to Question 1

E

Answer to Question 2

C




@Brianna17

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


Dinolord

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

 

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