Which of the following is an outside incentive that forces managers to put forth maximal effort?

A. Performance bonuses
B. Threat of takeovers
C. Flat fees
D. Revenue-sharing contracts

Answer: B

Economics

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Lisa consumes only pizzas and burritos. In equilibrium, her marginal utility of pizza is 20 and her marginal utility of a burrito is 10. The price of a pizza is $4. What is the price of a burrito?

What will be an ideal response?

Economics

Under perfect competition, the per unit revenue of a firm is equal to its marginal revenue

a. True b. False Indicate whether the statement is true or false

Economics