Which of the following is an argument made in support of tariffs and import quotas?

The curvature of the production function shows that as employment increases, the productivity of labor

A) remains positive and increases. B) remains positive but decreases. C) decreases and becomes negative. D) remains constant.

The _____ of using the market for corporate control make it important to build incentives into executive pay packages that can reduce _____ by better aligning the incentives of shareholders and managers

a. benefits; principal/agent problems b. costs and uncertainties; principal/agent problems c. benefits; influence costs d. costs and uncertainties; influence costs