The use of incentive payments for salespeople combats
A) both adverse selection and moral hazard.
B) neither adverse selection nor moral hazard.
C) adverse selection but not moral hazard.
D) moral hazard but not adverse selection.
A
Economics
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The statement that Computech's profits totaled $500 million last year represents the use of money as a:
a. medium of exchange. b. store of value. c. unit of account. d. means of coincidence.
Economics
A rightward shift in a demand curve and a leftward shift in a supply curve both result in a
A. Lower equilibrium quantity. B. Higher equilibrium quantity. C. Lower equilibrium price. D. Higher equilibrium price.
Economics