If a perfectly competitive firm is a price taker, then: a) pressure from competing firms will force acceptance of the prevailing market price.
b) quality differences will be very perceptible and will play a major role in the purchaser's decisions.
c) it can increase or decrease its output without affecting the overall quantity supplied in the market.
d) it must be a relatively small player compared to its competitors in the overall market.

You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?