What do economists call the situation where a hired manager does not have the same interests as the owners of the business?
A) conquest and control
B) a financial problem
C) a principal-agent problem
D) a financial intermediary problem
Answer: C
Economics
You might also like to view...
The line that relates the price of a good and the quantity demanded of that good is called the demand
a. schedule, and it usually slopes upward. b. schedule, and it usually slopes downward. c. curve, and it usually slopes upward. d. curve, and it usually slopes downward.
Economics
In the agriculture sectors in the Global South, productivity tends to be ________ because farmers work with ________.
A. high; large amounts of capital B. low; little labor C. high; large amounts of labor D. low; little capital
Economics