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Author Question: Which of the following is true? a. Decision making should never be centralized b. When ... (Read 72 times)

lracut11

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on: Jul 1, 2018
Which of the following is true?
 a. Decision making should never be centralized
 b. When decentralizing decision making, figure out a way to transfer information to the decision maker
  c. When decentralizing decision making, strengthen incentive compensation schemes
 d. When decentralizing decision making, weaken incentive compensation schemes

Question 2

Assume a firm has the following cost and revenue characteristics at its current level of output: price=10.00 . average variable cost=8.00 and average fixed cost =4.00 . This firm is
 a. incurring a loss of 2.00 per unit and should shut down.
  b. realizing only a normal profit.
  c. realizing an economic profit of 2.00 per unit.
  d. incurring a loss per unit of 2.00 . but should continue to operate in the short run.


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234sdffa

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


lracut11

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

steff9894

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Reply 3 on: Yesterday
Excellent

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