Straight line pay for performance

a. Eliminates the managers' incentives to lie about the budget
b. Eliminates the perverse incentive to hide information
c. Does not link compensation to meeting a budget target
d. All of the above


d

Economics

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Suppose the government has declared beer to be an illegal substance and has imposed penalties on any person caught buying a beer. Selling a beer, however, remains legal

Using the above figure, in which CBL is the cost of breaking the law, beer consumption is decreased by A) 200 quarts. B) 300 quarts. C) 400 quarts. D) 500 quarts.

Economics

Which of the following cannot be classified as a market structure?

a. Oligopoly b. Monopolistic Competition c. Mergers d. Perfect Competition

Economics

Graphically, a firm's total cost is equal to the area of the:

a. triangle formed under the demand curve. b. rectangle formed under the demand curve at a given price and quantity combination. c. rectangle formed under the average-total-cost curve at a given ATC and quantity combination. d. triangle formed by a line segment between the demand and average-total-cost curves. e. triangle formed by a line segment between the horizontal axis and the average-total-cost curves.

Economics

Which of the following makes short-term conditional low-interest loans to LDCs?

a. Agency for International Development (AID) b. World Bank c. Agency for International Finance (AIF) d. International Monetary Fund (IMF)

Economics