The law of diminishing marginal utility implies it is possible that the marginal utility of my tenth pistachio nut is less than the marginal utility of my third pistachio nut, other things constant

In a public corporation, asymmetric information often results in a principal-agent problem between top management and ownership. What information would help to prevent this principal-agent problem?

What will be an ideal response?

Refer to the above figure. For which Lorenz curve does the richest 25 percent make 50 percent of the nation's money income?

A) A B) B C) C D) D