You are the manager of a spa you believe one of your suppliers is engaged in cartel activity. As the manager, you ________ an incentive to report the behavior because your spa can ________.
A) do not have; receive treble damages
B) have; have to pay whistle -blower fees
C) have; receive treble damages
D) do not have; have to pay whistle-blower fees
C) have; receive treble damages
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Adverse selection and moral hazard are examples of:
A) transaction costs B) information cost C) symmetric information D) financial market efficiency
In some nations, the government pays parents to send their children to school. There is ________ that these payments ________ school attendance.
A. no evidence; increase or decrease B. some evidence; increase C. no evidence; increase D. some evidence; actually decrease
When Argentines increase their savings in U.S. dollars, the U.S. money:
A. supply curve shifts left. B. demand curve shifts right. C. demand curve shifts left. D. supply curve shifts right.
If each player has a dominant strategy, then those strategies make up the Nash equilibrium
What will be an ideal response?