The most commonly used negative incentive used by firms is:
A. temporary layoffs.
B. dismissal.
C. verbal reprimands.
D. unpaid suspensions.
Answer: B
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Which of the following statements is accurate regarding the Building account?
Tim has a toenail clipping business that is a sole proprietorship. If he is sued for a botched pedicure
A) he has limited liability. B) he has separation of ownership and control. C) all of his personal assets are at risk. D) he will be taxed doubly.
The SMarT program is designed to overcome which common barrier to saving?
A. Status-quo bias B. An unwillingness to forgo current consumption C. The program was designed to overcome both A and B. D. The program was designed to overcome neither A nor B.
A monopoly that emerges from economies of scale is called a natural monopoly
Indicate whether the statement is true or false