1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spin [16.1K]
2 years ago
11

a person who works for a firm, but is not necessarily an owner, is called multiple choice question. a shareholder an agent a sto

ckholder the principal
Business
1 answer:
Vadim26 [7]2 years ago
8 0

Principal: The person or entity on whose behalf and subject to whose control an agent acts.

Agent: A person who agrees to act on behalf of and instead of his or her principal, subject to the principal's control.

<h3>What is the meaning of the principal-agent problem?</h3>

The principal-agent problem is a conflict in priorities between a person or group and the representative authorized to act on their behalf. An agent may act in a way that is contrary to the best interests of the principal.

<h3>What is a principal-agent relationship?</h3>

The principal-agent relationship is an arrangement in which one entity legally appoints another to act on its behalf. 1 In a principal-agent relationship, the agent acts on behalf of the principal and should not have a conflict of interest in carrying out the act.

To learn more about principal-agent, refer

brainly.com/question/28077185

#SPJ4

You might be interested in
Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: Dire
victus00 [196]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Direct labor-hours= 140,000

Machine-hours= 70,000

Fixed manufacturing overhead cost $ 784,000

Variable manufacturing overhead cost per direct labor-hour $ 2.00

Variable manufacturing overhead cost per machine hour $ 4.00

Job 550;

Direct materials $ 175

Direct labor cost $ 225

Direct labor-hours 15

Machine-hours 5

We need to calculate the total cost of Job 550. First, we need to calculate the predetermined overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>Based on direct labor hour:</u>

Estimated manufacturing overhead rate= 784,000/140,000= $5.6 per direct labor hour

<u>Based on machine hour:</u>

Estimated manufacturing overhead rate= 784,000/70,000= $11.2

Now, we can calculate the total cost:

Total cost= direct material + direct labor + allocated overhead

<u>Based on direct labor hour:</u>

Total cost= 175 + 225 + 5.6*15= $484

<u>Based on machine hours:</u>

Total cost= 175 + 225 + 11.2*5= $456

6 0
3 years ago
Who determines how much utility an individual will receive from consuming a good?
Artyom0805 [142]

Answer:

Individuals are the only judge of their own utility. In general, greater consumption of a good brings higher total utility. However, the additional utility received from each unit of greater consumption tends to decline in a pattern of diminishing marginal utility.

4 0
2 years ago
The fundamental facilities and systems serving a country such as transportation,communication systems, power plants, and schools
vaieri [72.5K]
They are called <span>Infrastructure.</span>
6 0
3 years ago
Read 2 more answers
Differentiate between micro hydro power and hydro power. ​
Fofino [41]

Answer: Hydroelectricity is a form of hydropower and is the most widely used form of renewable energy throughout the world. ... Hydro electricity extracted from water depends not only on the volume but on the difference in height between the source and the water's outflow.

Hope this helps...... Stay safe and have a Merry Christmas!!!!!!!! :D

Explanation:

4 0
3 years ago
A local school administrator observes an increase in the number of flu cases in the public schools over the last two years. She
pshichka [43]
  1. It should be noted that the failure to vaccinate some children isn an external cost. [See the attached graph]
  2. The social cost curve is also indicated accordingly.
  3. From an efficiency perspective, subsidizing vaccines <em>does</em> make sense because, without the subsidy, the equilibrium quantity is <em>less</em> than the socially optimal quantity.
  4. The school nurse suggests publishing a list of which kids did not get a flu vaccine, in the hope that public shaming will lead people to vaccinate their children. The school nurse is hoping that social norms will act like a <em>punishment  </em>and lead the market to a<em> socially efficient </em>
  5. The flaws that the school nurse's suggestion have are:
  • People that feel passionate about not vaccinating are typically doing so for medical or religious reasons and will not sway to social norms or peer pressure. (Option B)

  • The school would potentially face a lawsuit because sharing protected health information (PHI), like immunization records, without parents' consent could be a violation depending on the regulations of the state. (Option C)

<h3>What is social Cost?</h3>

In neoclassical economics, the social cost is the total of the transaction's private costs plus the costs imposed on consumers as a result of being exposed to the process for which they are not rewarded or taxed.

In other words, it is the total of internal and external expenses.

Learn more about social cost:
brainly.com/question/28116338
#SPJ1

8 0
1 year ago
Other questions:
  • What is the 5 stage plan for productive meetings? - Why is this important and how will it improve the success of developing a ch
    7·1 answer
  • A simple economy produces two goods, Corn BreadCorn Bread and SoftwareSoftware.Price and quantity data are as follows:
    12·1 answer
  • The four components of gdp are consumer spending, business investment, government spending, and
    11·1 answer
  • If bacon and eggs are complementary goods, and increase in the price of bacon would increase the demand for eggs
    15·1 answer
  • The positioning strategy of using cost leadership or differentiation to produce a specialized product or service for a limited,
    5·1 answer
  • Justin Peter earned a salary of $30,000 during the current year. During the current year, he was required by his employer to tak
    5·1 answer
  • The short-run effects of an increase in the expected price level include a. a lower level of output and a lower price level. b.
    14·1 answer
  • The following information describes a company’s usage of direct labor in a recent period. The total direct labor cost variance i
    11·1 answer
  • Who has social media?
    15·1 answer
  • Determine what type of model best fits the given situation: the value of a classic car is presently $50,000 and is increasing in
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!