Question
Which of the following is a feature of an incentive and
not a reward?Solution
An incentive is a motivating factor that encourages one to do something or perform. A reward is something given on achievement of a target/performance/ recognition of good behaviour. As such, incentive is forward looking and a promise for future, while reward is actual benefit received.
A two-person zero-sum game means that the
To gauge the sacrifice made by a taxpayer, we should use the _____ tax rate.
X pays Rs. 5 lakhs to a person to transport fake currency worth Rs. 50 lakhs. The Police department pays Rs. 5 lakhs to a detective to investigate the c...
Claudia would be willing to pay as much as $100 per week to have her house cleaned. John's opportunity cost of cleaning Claudia’s house is $70 per...
What will happen when supply elasticity is less than demand elasticity?
Which one of the following is not an assumption of Classical Linear Regression Model
You are given the following data for national economy of a country Y:
Equilibrium GDP is $6000 million.
MPC is 0.8
It is considered...
If the correlation between x and y is 0.6 covariance is 27, variance of y is 25, then what is the variance of x?
Whenrxy>0,thenbyxandbxyareboth:
...Refer to the below table and calculate the NNPmp
