Author Question: To keep employees from shirking, invest in greater monitoring a. when monitoring is expensive ... (Read 141 times)

NguyenJ

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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

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Answer to Question 1

d

Answer to Question 2

c



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