Which firm is not dealing with adverse selection
a. a manufacturer requires a 90 day probationary period for new employees
b. a temporary clerical agency requires a typing test
c. a manufacturer contracts with suppliers regardless of ISO 900 . status
d. Smokers get the worse life insurance rates as non-smokers
c
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The above figure shows the Lorenz curve for wealth for the nation of Rusha. What percent of wealth is owned by the poorest quintile?
A) 0 percent B) 5 percent C) 20 percent D) 35 percent
Define decreasing returns to scale, illustrating your definition with isoquants. What are some reasons why firms might experience decreasing returns to scale?
What will be an ideal response?
Does increasing reliance on student loans distort students' career choices?
What will be an ideal response?
During the 1980s, foreigners expanded their role in the United States as
A. both creditors and owners. B. neither creditors nor owners. C. as owners but not as creditors. D. as creditors but not as owners.