What are some of the solutions for a hold-up problem?

The manager of a shoe-manufacturing unit divides workers into three groups and assigns them tasks based on their skill sets. Some are assigned the task of designing shoes, some are assigned the task of manufacturing shoes, and the rest are asked to pack the shoes. This is: a. an example of specialization of labor

b. likely to increase the total cost of manufacturing shoes. c. likely to increase the marginal cost of producing additional shoes. d. an example of wage discrimination among workers.

Which countries undertook economic reforms in the 1960's that resulted in more economic freedom and stronger economic growth?

a. Venezuela and Zimbabwe b. Malawi and Niger c. Hong Kong and Singapore d. United States and Switzerland