
HIST PA TC
Quiz
•
Social Studies
•
University
•
Practice Problem
•
Hard
Pat Beck
Used 5+ times
FREE Resource
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Forming a cooperative (co-op) or profit sharing company is a way to reduce principle-agent costs.
True
False
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following are the 3 categories of transaction costs
Trust
Transciptional
Transfer
Triangulation
Technological
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
______ _____ are the internal company expenses that arise from employees not acting in the interest of the owners of the firm.
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Agency theory states that issues arise between principles and their agents due to misaligned incentives based upon _______ ______
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Societies and communities form ________ to guide behavior and help to reduce the burden of transaction costs.
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Coase Theorem suggests that issuing tradable ______ _____ can help eliminate conflicts that arise from negative externalities.
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The two major development strategies since WWII have been import substitution industrialization and _____ ___ _________.
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