Managerial reputation is an ________ incentive that helps to mitigate the ________ principal-agent problem.
A. internal; manager-consumer
B. internal; manager-worker
C. external; owner-manager
D. external; owner-consumer
Answer: C
Economics
You might also like to view...
According to the quantity theory of money, what is the effect of an increase in the quantity of money?
What will be an ideal response?
Economics
When the price per ticket is P*, there are empty seats at a university’s basketball arena. From this, we can conclude that
A. P* is greater than the equilibrium price. B. P* is less than the equilibrium price. C. P* is the equilibrium price. D. it’s not possible to determine anything about the equilibrium price with this information.
Economics