The federal government never has to pay off the national debt
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The best way to ensure that the sales agents are working in the firm's best interests is to
a. Tell the agent what he should be doing b. Provide the agent an incentive to work in your best interest c. Force the agent to work in your best interest d. Fire the agent
Economics
The primary objective of a for-profit firm is to ___________
a. maximize agency costs b. minimize average cost c. maximize total revenue d. set output where total revenue equals total cost e. maximize shareholder value
Economics