John has 40 to spend on pizza and tacos. Pizza costs 10 each and ...

[sjones]

John has 40 to spend on pizza and tacos. Pizza costs 10 each and tacos are 1 per taco. John's real income ________.
 
  A) is 40
  B) is 4 pizzas or 40 tacos
  C) is 4 pizzas plus 40 tacos
  D) depends only on his money wage

Question 2

The principal-agent problem refers to the fact that firms must
 
  A) choose between economic efficiency and technological efficiency.
  B) choose between a managerial and an incentive system.
  C) devise incentives to get employees to work in the best interest of the firm's owners.
  D) choose between operating as a partnership or corporation.

[macmac]

Answer to Question 1

B

Answer to Question 2

C

[sjones]

Excellent

[T4T]

Thanks for the timely response, appreciate it