The Keynesian-cross model is a complete macroeconomic model

As a result of moving more decision making from the periphery of the organization toward the center, typically

a. the flow of relevant information to the decision maker can be weakened b. the flow of relevant information from the decision should be enhanced c. the incentive structure for the decision maker should be strengthened d. incentive compensation at the periphery can be weakened

Which of the following is not true of monopolists?

a. The entry of new firms is not a major concern. b. Monopolists seek to maximize profits. c. Monopolists can charge any price they want and make a profit. d. Monopolists can choose any point on the market demand curve. e. Monopolists can raise price more than 10 percent.