Managers of profit centers are usually given a lot of discretion because

a. They always do an excellent job
b. The company can never judge their performance
c. The company has a clear performance evaluation metric
d. They rarely ever do a good job

c

Economics

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The so-called "negative taxes" are better known as:

A. Government spending B. Transfer payments C. Built-in stabilizers D. Fiscal multipliers

Economics

If the government imposes a price ceiling below the monopolist's average cost curve, then in the long run the regulation makes:

A. consumers worse off. B. consumers better off. C. the monopolist better off. D. None of the statements is correct.

Economics