The ways to address agency costs include all EXCEPT
a. advertising for employee positions in as many outlets as possible
b. requiring employees to punch time clocks
c. spot checks of the quality of employee work
d. replacing closed offices with cubical office spaces
a
Economics
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The referendum version of the median voter model allows voters to vote on a series of marginally increasing quantities of a good
a. True b. False
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The absolute price elasticity of demand for a vertical demand curve
A. is infinite. B. is 0. C. is 1.0. D. depends on where one is on the demand curve.
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