The ____ is the absolute value of the slope of an indifference curve
a. marginal rate of substitution
b. average rate of transitivity
c. relative rate of utility
d. marginal rate of transposition
a
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From the highest percentage to the lowest percentage, the percentage of profits earned by businesses in the United States is represented by which of the following?
A) partnerships, corporations, sole proprietorships B) corporations, sole proprietorships, partnerships C) corporations, partnerships, sole proprietorships D) sole proprietorships, partnerships, corporations
If an additional dollar spent on monitoring would reduce shirking by 10 minutes, then the firm will increase the worker's wage by $1 if this caused
A) shirking to increase by less than 10 minutes. B) shirking to decrease by more than 10 minutes. C) shirking to decrease by less than 10 minutes. D) monitoring to become unnecessary.