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Author Question: Which of the following is a problem encountered in a transaction involving a principal/agent ... (Read 64 times)

kellyjaisingh

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on: Jun 30, 2018
Which of the following is a problem encountered in a transaction involving a principal/agent relationship?
 a. Absence of monitoring and supervision
  b. Excessive dependence on forecasts and expectations
  c. High investment in industry specific assets
  d. Government interference and market volatility

Question 2

What incentive is created by a first-come first-serve allocation scheme?
 A) To engage in rent-seeking.
  B) To have the most income.
  C) To be first.
  D) To be elected.


vish98

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


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