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Author Question: When is a piece-rate contract generally used? A) It is used when output but not labor can be ... (Read 77 times)

LaDunn

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on: Jul 1, 2018
When is a piece-rate contract generally used?
 
  A) It is used when output but not labor can be observed.
  B) It is only used to avoid adverse selection.
  C) It is used when labor but not output can be observed.
  D) It is never used in practice.

Question 2

Author A accepts a 5,000 advance and a 10 royalty after 5,000 books are sold. Author B foregoes the advance and negotiates for a 15 royalty on all books sold. Author C decides to self publish his book and keep 50 of all sales revenue. Which of these authors expects to sell the fewest books?
 
  A) Author A
  B) Author B
  C) Author C
  D) They are all equally likely.
Microeconomics ¦ Perloff ¦ 8th Edition
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sylvia

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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LaDunn

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

juliaf

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Reply 3 on: Yesterday
Excellent

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