The principal-agent problem is
A) often less severe for partnerships than for corporations.
B) often more severe for partnerships than for corporations.
C) severe for corporations but nonexistent for partnerships.
D) most severe for sole proprietorships.
A
Economics
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Suppose that Dave has $200 to spend per week and he buys only magazines and pizza. The price of a pizza is $10 and the price of a magazine is $5. If Dave buys 20 magazines per week, which of the following amount of pizza is not affordable to him?
A) 10 B) 20 C) 9 D) All of the above answers are correct because none of the listed amounts of pizza are affordable.
Economics
What is the average cost pricing rule? Why is it not an efficient way of regulating monopoly?
What will be an ideal response?
Economics