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Author Question: One way for a company like McDonalds to overcome principal-agent problems is to advertise for ... (Read 59 times)

altibaby

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  • Posts: 562
on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


altibaby

  • Member
  • Posts: 562
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

aruss1303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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