If Slick Shades, a sunglasses manufacturer, merges with Best Lens, a lens manufacturer, and the combined firm is able to reduce the number of human resource departments from two to one, the merger created ________.
A) a hold-up problem
B) synergies
C) technological interdependencies
D) managerial diseconomies
B) synergies
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Examples of incentive pay include
a. allowing employees a certain number of personal days b. royalties to textbook authors c. cleaning the worksite with weekly janitorial service d. offering a certain number of sick days
An increase in demand will cause
What will be an ideal response?
Will and Grace have adjoining unfenced back yards and each has just adopted a new puppy. Will values a fence between their yards at $250 and Grace values a fence between their yards at $200. The cost of building the fence is $300, which will be split equally if they both agree to build the fence. Therefore, their payoff matrix is as follows. 
In the Nash equilibrium of this game:
A. Will will build the fence by himself. B. Will and Grace will both build the fence and split the cost. C. no fence will be built. D. the fence will be built, but it is uncertain who will build it.
If the real interest rate is 5 percent and the nominal interest rate is 2 percent, this implies an expected inflation rate of
A) -7 percent. B) -3 percent. C) 3.5 percent. D) 7 percent.