Illustration of Shirking, Can someone please help me in finding out the accurate answer

Illustration of Shirking

Can someone please help me in finding out the accurate answer from the following question. Jones, a computer programmer, plays computer games all day rather than doing his work. This is an illustration of: (i) Moral turpitude. (ii) Inefficiency salaries. (iii) Shirking. (iv) X-inefficiency. (v) Managerial slack.

View Complete Question

Related Questions in Microeconomics

Q : Integrity and humanitarianism in

The economic system which depends associatively the least for its effectiveness and overall success on honesty and of members of economically and socially most elite groups in the system are nearly certainly: (1) Oligarchintegrity and hum

Q : Profits of large corporations Can

Can someone help me in finding out the right answer from the given options. The enormously high profits of big corporations are: (1) Incentives which attract the competition by other firms. (2) Immune to the business cycles. (3) Mainly due to the corporate manipulatio

Q : Decrease in demand determinants The

The reduction in demand accompanies all of the following apart from: (i) Expectations of better accessibility or excesses. (ii) Declines in the price of substitute. (iii) Rises in the number of buyers. (iv) Negative modifications in preferences and ta

Q : Value of Marginal Product The social

The social value of additional output from the additional units of labor is as: (1) Marginal revenue product [or MRP] of labor. (2) Wage rate or price of the labor. (3) Average revenue product [or ARP] of labor. (4) Value of marginal product [or VMP] of labor. (5) Mar

Q : Illustration of a natural monopoly Of

Of the given firms, the best illustration of a natural monopoly is: (i) Dell, the largest seller of personal computers. (ii) Toyota, i.e., the huge car company in the world. (iii) OPEC, i.e., the international oil cartel. (iv) Google that dominates th

Q : Words of Joseph A. Schumpeter about

Joseph A. Schumpeter popularized and refined the concept that profits: (i) ultimately derive primarily from innovation. (ii) are necessary compensation to entrepreneurs for bearing uncertainty. (iii) are reduced by bureaucratic inefficiencies in firms

Q : Demanding more labor in competitive fim

A competitive firm will demand more labor when: (1) technological advances favor automation. (2) the price of the firm's output rises. (3) more firms enter the industry. (4) the value of the marginal product is below the wage rate. (5) workers utilize

Q : Technology and resource costs I have a

I have a problem in economics on Technology and resource costs. Please help me in the following question. The short-run supply of macadamia nuts is considerably recognized by: (1) Preferences and tastes. (2) Technology and resource costs. (3) The number of consumers.

Q : Wage rate in equilibrium for monopsony

Marginal revenue product of the labor surpasses the: (i) Additional revenue generated by each extra unit of labor. (ii) Value of marginal product of labor merely for the competitive sellers of output. (iii) Average fixed cost for natural monopoly. (iv

Q : Determine monthly maximum possible

Maximum possible total revenue monthly from sales of RoboMaids is about: (i) $70 million. (ii) $100 million. (iii) $125 million. (iv) $170 million. (v) $230 million.

Discover Q & A

Leading Solution Library

Avail More Than 1450771 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1946567
Asked

3,689

Active Tutors

1450771

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment