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Author Question: If bargaining is costless and an externality exists: a. an efficient outcome may be reached ... (Read 21 times)

beccaep

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If bargaining is costless and an externality exists:
 a. an efficient outcome may be reached depending on which party is assigned property rights.
  b. an efficient outcome will be reached regardless of which party is assigned property rights.
  c. an efficient outcome will not be reached without government intervention.
  d. an efficient outcome can never be reached.

Question 2

The components of a well-run incentive compensation scheme include all of the following EXCEPT
 a. evaluating the identified performance measures
  b. demonstrating that supervisors are friendly outside of the work environment
  c. rewarding workers who for meet performance measures
  d. identifying the relevant measures on which to evaluate employees



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swimkari

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Answer to Question 1

b

Answer to Question 2

b




beccaep

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


chereeb

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

 

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