When an employee puts in extra time and effort with the hopes of receiving a large bonus, this employee is being motivated by

You offer an extended warranty for your product that is purchased by a few customers. If the product typically fails 2% of the time,

a. you should price the warranty at less than 2% of the product price b. you should price the warranty at exactly 2% of the product price c. you should price the warranty at more than 2% of the product price d. Cannot tell from this information

On a line graph depicting marginal revenue and marginal cost for a monopoly, the marginal revenue line will ___________ while the marginal cost line will ___________.

a. slope downward/slope upward b. remain flat/slope downward c. slope upward/remain flat d. slope upward/slope downward