The most commonly used negative incentive used by firms is:
A. temporary layoffs.
B. dismissal.
C. verbal reprimands.
D. unpaid suspensions.
Answer: B
Economics
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Which of the following strategies is not an effective strategy to reduce monopoly inefficiency?
a. antitrust laws b. price discrimination c. doing nothing d. breaking up a natural monopoly into more than one firm
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Frictional unemployment is a “necessary” cost of a dynamic economy.
Answer the following statement true (T) or false (F)
Economics