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sunnysummer sunnysummer
wrote...
6 years ago
A decrease in the productivity of labor will shift the demand curve for labor to the left, other things being equal.
 a. True
  b. False
  Indicate whether the statement is true or false

QUESTION 2

A corporation's shareholders are its:
 a. board of directors.
  b. residual claimants.
  c. specialized active managers.
  d. supervisors.

QUESTION 3

Moral hazard arises when principals find it costly to monitor agents.
  Indicate whether the statement is true or false

QUESTION 4

A decrease in the price of a firm's output will shift the firm's demand curve for labor to the right, other things being equal.
 a. True
  b. False
  Indicate whether the statement is true or false

QUESTION 5

_____ is a property which distinguishes corporations from proprietorships and partnerships.
 a. Unlimited liability
  b. Division of labor
  c. Separation of ownership and management
  d. Centralized management and control

QUESTION 6

Principals need to monitor agents.
  Indicate whether the statement is true or false
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mariabbasmariabbas
wrote...
Posts: 356
Rep: 7 0
6 years ago
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sunnysummer Author
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6 years ago
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