Which firm is not dealing with adverse selection
a. a manufacturer forgoes a usual 90 day probationary period for new employees
b. a temporary clerical agency requires a typing test
c. a manufacturer requires suppliers to be ISO 900 . certified
d. Smokers get the worse life insurance rates as non-smokers
a
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Which of the following helps in preventing firms in the U.S. from forming collusive agreements?
A) The low demand faced by colluding firms B) The antitrust policy of the government C) The high rate of corporate income taxes D) The low profit earned by firms after colluding
The Double Dividend Effect requires
A. double credit on airline miles. B. two different taxes. C. no taxes on stock dividends. D. Pigouvian taxes.
If labor is the only variable input, a firm's labor demand curve is the
a. entire marginal revenue product of labor curve b. downward-sloping portion of its marginal revenue product of labor curve c. downward-sloping portion of its marginal product of labor curve d. demand curve for the product produced by labor e. downward-sloping portion of the firm's marginal revenue curve
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, Point E necessarily represents
A. only motorcycles being produced. B. overallocation of resources. C. an impossible production point. D. technological advancement.