Author Question: To keep employees from shirking, invest in greater monitoring a. when monitoring is expensive ... (Read 83 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
To keep employees from shirking, invest in greater monitoring
 a. when monitoring is expensive relative to its benefits
 b. especially when monitoring is not very efficient
 c. when employees respond well to incentive contracts
 d. when incentives fail to solve either moral hazard and adverse selection problems with employees

Question 2

Average cost is
 a. Total variable cost divided by total units produced
  b. Total fixed cost divided by total units produced
  c. Total cost divided by total units produced
  d. Equal to marginal cost



Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

For a complete list of videos, visit our video library