--%>

Screening devices problem

The Screening devices employed whenever employers try to save adverse selection by the applicants for place do not comprise: (i) review resumes to recognize applicant’s qualifications. (ii) Needing non-compete clauses which prevent latest employees from working for the competitors after they complete the training. (iii) Securing the recommendation letters from teachers or prior employers. (iv) Promoting to more responsible places in the firm. (v) Checking police records and credit reports.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Deadweight Losses and Taxation Whenever

    Whenever a tax on a good outcome less government revenue than the sum of the losses of producer and consumer surpluses due to tax, economists state that the tax has caused a/an: (1) Administrative loss. (2) Market failure. (3) Economic loss. (4) Bureaucratic loss. (5)

  • Q : Increase output to increase profit When

    When the last unit produced and sold adds $100 to revenue of a firm and $75 to its costs, this will: (a) increase output to increase profit. (b) reduce output to increase profit. (c) maintain similar level of output to maximize profit. (d) shut down.

    Q : Prevent entry and set production A

    A strategy probable to make a cartel successful would be for cartel members to: (w) give slightly differentiated outputs. (x) stagger the amounts by which they raise prices. (y) prevent entry and set production quotas which are enforceable. (z) mainta

  • Q : Capital Labor Ratios and Income Assume

    Assume that half of the world population, randomly certain, was magically vaporized through space aliens, although no other aspect of life onto Earth was influenced. Ignoring any psychological trauma that calamity might entail, upon average, the economic

  • Q : Cross elasticity coefficient complements

    When college enrollments drop 10 % while textbook prices double, in that case textbooks and enrollments are _____ goods as well as their cross elasticity coefficient is approximately _____. (1) superior; 5.0. (2) inferior;   10.0. (3) substi

  • Q : Negative marginal utility The economic

    The economic good becomes an economic bad whenever consumption is expanded into an area where: (1) Sellers experience the moral hazard.  (2) Marginal returns are diminishing. (3) Marginal utility is negative. (4) Buyers suffer from adverse choice. (5) Extreme cho

  • Q : Define deficient demand or deflationary

    Define deficient demand or deflationary gap: Deficient demand occur whenever AD is less than AS at the level of full employment equilibrium

  • Q : Perfectly facing of all price takers

    All price-taker firms face absolutely: (w) elastic demand curves. (x) unitary supply curves. (y) inelastic demand curves. (z) inelastic output curves. Hey friends please give your opinion for the problem of

  • Q : Price cut of Substitutes products When

    When a price cut for licorice gummy bears decrease the demand for tuna fish ice-cream, then: (1) Tuna fish ice-cream and licorice gummy bears are the complementary goods. (2) Price hikes for tuna fish ice-cream will decrease the demand for the licorice gummy bears. (3

  • Q : Problem relating to Changes in Demand

    Airlines considerably decreased the number of flights accessible in the year 2005, as compared to flight availability during the year 2000. Passenger mileage was fall. Economists would be least possible to ascribe the decline in airline ticket sales throughout the ear