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
If each player has a dominant strategy, then those strategies make up the Nash equilibrium
What will be an ideal response?
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.
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