AQA-Z MANAGERIAL ECONOMICS EXAM QUESTIONS AND ANSWERS 2025/2026 UPDATE WITH COMPLETE SOLUTIONS (GRADED A+) DETAILED ANSWERS!!

The one thing that Unites all economists is their use of : - The rational-Actor Paradigm A well-designed organization is one in which employee incentives are aligned with: - Organizational Goals If people behave rationally, optimally, and self-interestedly, a bad decision occurs for which of these reason(s)? - 1) The decision-maker did not have enough information to make a good decision. 2) The decision -maker did not have the incentive to make a good decision. There are three levers one can push to correct bad decision-making. Which of the following is NOT such a lever? - Let someone else who has no relationship to the problem make the decision. The rational-actor paradigm is: - A tool for analyzing behavior The owners of a small manufacturing concern have hired a vice president to run the company with the expectation that he will buy the company after five years. Compensation of the new vice president is a flat salary plus 75% of the first $150,000 profit, t