B. inggris niaga modul 1

Adverse selection can be cause by

• Market failure

• Moral hazard

• Asymmetric information

• Average risk

What do people use when they from their views about the future that assumes they do

• Past trends

• Insurance

• Assymetric information

• Average risk

What does advertising manipulate

• Consummer desire

• Consummer taste

• Consummer sensitivity

• Consumer loyalty

What does advertising intensify

• Assymetric information

• A better deal

• Competition

• Flow of information

What does the principle want the manager do

• To build a business Empire

• To expand the firm through an acquision

• To pursue his/her own Empire building interest

• To maximize the value of their share

What is too expensive or too difficult to do in reducing agency cost

• Tupai managers partly with shares

• To make the interest of the agent more like those of the principle

• To give the manager a powerful incentive to act in the interest of the owner

• To monitor What the agen does

How does The government do to guarante a minimum level of farm prices? by

• Minimizing competition to EU farmers

• Destroying it is prices would fall

• Joining the EU

• Subsidizing agrikultur

What make Global Agriculture market remain severely destorted

• Government subsidy

• Smaller National income

• Free Trade

• Smaller Share of employment

What assumes that self-interested individuals behave altruistically

• Behavioural economics

• Economics man

• Economics rationality

• Economics alaysis

What assumes that people behave selfishly

• Behavioural economics

• Economics analysis

• Economics man

• Economics rationality