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Author Question: One way for a company like McDonalds to overcome principal-agent problems is to advertise for ... (Read 62 times)

altibaby

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One way for a company like McDonalds to overcome principal-agent problems is to advertise for franchisees.
 a. True
  b. False

Question 2

Suppose the equilibrium price in a perfectly competitive industry is 100 and a firm in the industry charges 112 . Which of the following will happen?
 a. The firm will not sell any of its output.
  b. The firm will sell more output than its competitors.
  c. The firm's profits will increase.
  d. The firm's revenue will increase.
  e. The firm will gradually take over the entire industry.



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jaykayy05

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Answer to Question 1

B

Answer to Question 2

A




altibaby

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


apple

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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