You own an ice cream store and are concerned that an employee may be giving generous scoops to friends and relatives and smaller scoops to some other customers. This may be reducing sales. In this example, you are the
a. principal and the your employee is the agent.
b. agent and the your employee is the principal.
c. signaler and the your employee is the screener.
d. screener and the owner of the coffee ship is the signaler.
a
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A compensating wage differential is a wage premium paid in order to:
A) recognize a more efficient employee. B) attract workers who have a family to support. C) improve the goodwill of a firm hiring workers. D) attract workers to otherwise undesirable occupations.
Pat's Catering finds that when it caters 20 meals a week, its total cost is $6,000. If Pat has total variable cost of $5,000, what is Pat's total fixed cost?
A) $50 B) $250 C) $1,000 D) $6,000
Which of the following statements correctly characterizes the colonial commodity trade deficit?
a. The Middle colonies had the largest commodity trade deficit. b. The Southern colonies exported more to Great Britain & Ireland than they imported. c. The colonies experienced commodity trade deficits not only in their trade with England, but also in trade with Southern Europe and Africa. d. The colonies had a commodity trade deficit with Great Britain, but a commodity trade surplus once all trades were taken into account.
If the government fiscal deficit equals $240 million and government borrowing equals $120 million, what is the change in the money supply in the economy?
a. $120 million b. $240 million c. $360 million d. $480 million e. $600 million