Answer: Agency problem
Explanation:
Agency problem is the issue rises when the agents fails to display appropriate interest of principles.This interest conflict usually occurs between the organisation's stakeholder and management.
In this situation,manger is the person who usually acts as the agent for providing best interest to the stakeholder to increase their wealth and benefit.But if failure in this case occurs , then conflict is experienced between both the parties.
Answer:
Perfectly inelastic
Explanation:
A demand is perfectly inelastic when quantity demanded does not change in response to a change in price.
The correct answer is D. Land
Explanation:
In economics, land is one main factor of production and includes natural resources that can be used to make products, for example, wood can be used to made furniture or fruits can be used to produce juice, jam, and similar. Also, these resources are classified into renewable and nonrenewable depending on whether they are abundant and replenish in a short time. Oil is considered part of the land factor because this is a non-renewable resource that is used to produce goods such as fuels or plastic. Therefore, if new oil reserves are discovered there is an increase in land supply because more natural resources are available to produce goods.
Answer:
A. The extended decision-making approach.
Explanation:
Extended Decision-Making is defined as a <em>decision that involves high participation of the consumers in order to decide to purchase or not a product, it usually revolves around expensive purchases.</em> We can see this exemplified when Fatima consults with friends and family before making her decision to buy a house, an expensive purchase.
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