Answer:
True
Explanation:
Information asymmetry occurs when one of the two parties in a transaction has more information than the other. This causes the person that has the least information to likely make bad decisions.
In the question, we have an example of information asymmetry: incumbent managers simply have more information about the companies, because they have actually worked in managing them.
Outside managers, while as qualified as incumbent managers, do not have as much information about the companies, because they have not actually worked there.
Answer:
D. can result in a negative value for the coefficient of the included variable, even though the coefficient will have a significant positive effect on Y if the omitted variable were included
Explanation:
$438,000
Average Daily Sales = $36,000/30 = $1200
$1200 per day * 365 days per year = $438,000
Answer:
10 hams
Explanation:
It is given that 10 people can produce 1 ham in a month. It is assumed that whatever is produced is consumed. So, 100 people will produce 10 hams that is 100 ÷ 10 = 10 in a month. So, 100 people can consume 10 hams, that are produced in a month.
So, residents can consume maximum 10 hams (same amount as produced) in a month.
It is the desire to attain an aim that pushes a person to work and even fight. People with high success needs strive to attain their goals by avoiding low-reward, low-risk scenarios and difficult-to-achieve, high-risk ones.
<h3>When was McClelland's theory of needs developed?</h3>
- In the 1960s, American psychologist David McClelland established his needs theory, now known as the Achievement Theory of Motivation.
- This idea is still widely used in psychology and academics, but it is also beneficial to business leaders and managers.
- The more you understand about the psychology of human motivation, the more prepared you will be to motivate your staff effectively.
- According to McClelland's thesis, everyone is motivated by one of three needs: success, affiliation, or power.
Learn more about McClelland's theory refer
brainly.com/question/16002769
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