The ways to address agency costs include all EXCEPT
a. running background checks on prospective employees
b. hiring only from job fairs
c. spot checks of the quality of employee work
d. replacing closed offices with cubical office spaces
b
You might also like to view...
Refer to the figure above. If the engineer spends his entire time on producing websites, how many Web sites can he produce?
A) 2 B) 5 C) 10 D) 12
What is the maximum a monopolist would be willing to spend on rent-seeking behavior?
What will be an ideal response?
Suppose Dublin Electronics charges regular customers $90 for a Blu-ray player but allows senior citizens to purchase the same item for $75. Is this likely to be a successful price discriminating strategy?
A) No, because there are many different brands of Blu-ray players and consumers will shop around. B) Yes, because senior citizens are likely to have a more elastic demand and therefore will be willing to pay a lower price compared to regular customers. C) Yes, firms price discriminate to maximize profits. D) No, price discrimination will not be effective because the store cannot prevent senior citizens from buying large quantities of Blu-ray players and reselling them for a profit.
Per pupil spending on education was seven times higher in 2000 than in 1940 after adjusting for inflation
a. True b. False