If job promotion is viewed as a contest, then
A) tournament theory can be used to explain the use of poison pills.
B) tournament theory can be used to explain the level of executive compensation.
C) tournament theory can be used to explain the use of greenmail.
D) tournament theory can be used to explain the use of golden parachutes.
B
You might also like to view...
By definition, a direct expenditure offset will occur whenever
A) the interest rate falls. B) the interest rate rises. C) the government increases spending in an area that competes with the private sector. D) the government increases spending for the military.
What is meant by crowding out? Explain the difference between crowding out in the short run and in the long run
What will be an ideal response?
Which of the following is NOT true about the equilibrium price?
A. the price where quantity demanded equals quantity supplied B. the price where the demand curve intersects the supply curve C. the price where a change in quantity supplied occurs D. the price where there is neither excess quantity demanded or excess quantity supplied
If demand is elastic and price is raised, total revenue will
A. rise. B. fall. C. stay the same. D. possibly rise or possibly fall.