This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the very short run: a. new firms may enter an industry. b. existing firms may change the ... (Read 88 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
on: Jul 1, 2018
In the very short run:
 a. new firms may enter an industry.
  b. existing firms may change the quantity they are supplying.
  c. price and quantity supplied are absolutely fixed.
  d. quantity supplied is absolutely fixed.

Question 2

To accomplish its purpose a linear profit-sharing contract must
 a. induce the employee to moonlight
  b. communicate a code of conduct that will be monitored and enforced
  c. meet either the participation or the incentive compatibility constraint
  d. establish a separating equilibrium
  e. not realign incentives


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SamMuagrove

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

d


jlmhmf

  • Member
  • Posts: 552
Reply 2 on: Jul 1, 2018
Gracias!

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

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

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Cellular changes associated with short-term and long-term memory in the sea slug. Cellular changes associated with short-term and long-term memory in the sea slug.
Drag the labels to indicate the change in the size of the reservoir. . . Drag the labels to indicate the change in the size of the reservoir. . .
The air flowing into the engine can be directed through long or short runners for best performance ... The air flowing into the engine can be directed through long or short runners for best performance ...
Demographic change and the effect on people social, and economic life Demographic change and the effect on people social, and economic life
Observed change in surface temperature from 1901 to 2012 Observed change in surface temperature from 1901 to 2012
Ice cores as indicators of environmental change Ice cores as indicators of environmental change
Video: Introduction to Herpes

For a complete list of videos, visit our video library