In the section of your text which deals with what is called "The Logic of Group Behavior," one practical application addresses "the value of tough...

4. In the section of your text which deals with what is called “The Logic of Group Behavior,” one practical application addresses “the value of tough bosses.” In the full context of basic microeconomic theory (also known as the “theory of the firm”) discuss in depth the argument about the “value of tough bosses,” specifically about the issues which deal with possible worker behavior in large groups such as a business firm, and the various kinds of effects of worker behavior on the goals of the firm.