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 99 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
Excellent

helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Change in air temperature at various air flow rates for a 7 pass operation Change in air temperature at various air flow rates for a 7 pass operation
Change in plasma metabolomics following glucose igestion Change in plasma metabolomics following glucose igestion
Climate change exerts societal impacts and vice versa Climate change exerts societal impacts and vice versa
Ancient Climate Change: Following the Cretaceous Ancient Climate Change: Following the Cretaceous
Climate change Climate change
Competitive firms and maximization Competitive firms and maximization
Video: Protein Secondary and Tertiary Structures - Animation

For a complete list of videos, visit our video library