Which of the following statements is true of members of an organization?
a. They are either principals or subordinates.
b. Agents are closely monitored by principals at all times.
c. Each member generates information for the use of others in the organization.
d. Decision-makers decide on the basis of the information they generate themselves.
C
You might also like to view...
Interlace, Inc produces and a unique soda. The company cannot price discriminate. The figure above shows Interlace's demand curve, marginal revenue curve, and marginal cost curve
The quantity of soda Interlace Inc will choose to produce is ________ because when this quantity is produced, ________. A) efficient; marginal social benefit exceeds marginal social cost B) efficient; marginal social benefit equals marginal social cost C) not efficient; marginal social benefit exceeds marginal social cost D) not efficient; marginal social benefit equals marginal social cost
Macroeconomic equilibrium occurs when:
a. Expected supply equals expected demand. b. Actual leakages equal expected injections. c. Actual and expected supply equals actual and depected demand and actual and expected leakages equal actual and expected injections. d. Expected amount supplied equals expected amount demanded, which means expected leakages equal expected injections. e. None of the above.