Which of the following is a response to People’s inconsistent behavior over time ?

Related Mcqs:

Markus is a travelling salesman for an apparel company. In this employment relationship, Markus is the ?

A. agent B. principle C. screener D. signaler...

Which of the following is an example of a signal that is used to reveal private information ?

A. Enzo carefully chooses a special gift for Josephine B. Josephine earns her MBA from the Harvard Business School C. Lexus advertises its cars during the football World Cup Final. D. All of these answers are correct...

Which of the following is not a method firms use to avoid the moral hazard problem in the employment relationship ?

A. They pay employees with delayed compensation such as a year-end bonus B. They buy life insurance on their workers C. They pay above equilibrium wages D. They put hidden video cameras in the workplace...

A life insurance company forces Enzo to have a medical examination prior to selling him insurance ?

A. transitivity B. impossibility C. independence D. unanimity...

hich of the following is not a property required of a perfect voting system ?

A. The median voter always wins B. no dictators C. independence of irrelevant D. transitivity...