The advent of Netflix movie streaming and Redbox kiosks renting DVD and Blu-ray movies have virtually demolished the market for video rentals from brick and mortar stores such as Blockbuster. This is an example of

Gilda's Art Gallery rewards its employees with stock each year the gallery makes profits. This stock allows the employees to own part of the gallery. This practice is known as

A) the principle-agent problem. B) incentive pay. C) minimizing implicit costs. D) minimizing explicit costs.

Adam Smith's book, The Wealth of Nations, was published at the time of the:

a. War of 1812 b. U.S. Declaration of Independence. c. U.S. Civil War. d. Great Depression.