The three central questions for efficient organizational design include all EXCEPT
a. does the decision maker have the relevant information?
b. is the decision maker in a supervisory role?
c. who is making the decision?
d. does the decision maker have an incentive to make a good decision?
b
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The table above shows output and costs of Evan's Subs, a typical perfectly competitive firm in a local market for sandwiches. Evan's fixed cost is $9 per hour. The current market price of a sandwich is $6
If the market price does not change, Evan's will A) continue to operate in the short run, but will exit the industry in the long run. B) continue to operate in the short run and in the long run. C) shut down. D) increase its production in the long run.
Which of the following would shift the investment demand curve rightward?
a. Firms are operating their plants at less than full capacity. b. A decrease in the interest rate. c. A decrease in business taxes. d. All of the above. e. None of the above.