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
vichka [17]
2 years ago
13

The "principal-agent problem" often arises in public choice when politicians pursue the best interests of their constituents

Business
1 answer:
Gekata [30.6K]2 years ago
3 0
<span>The "principal-agent problem" is when one person can make a decision on behalf of someone else that impacts the "principal". The agent works to favor the interests of the principal and receives incentives for doing so in return. The agent can get into a conflict of interest or make morally wrong decisions in favor of the principal they are helping. </span>
You might be interested in
Harrison and Sherrie are making decisions on their bank accounts. Harrison wants to put more money in as a principle amount beca
Troyanec [42]
Sherrie wants to put the original money in an account with a higher interest rate. Explain which method will result in more money.

Answer: In this case I would say that both Sherrie and Harrison are good methods that will result in more money. As to find out which idea would make the most bang for the buck we would need actual data like interest rates.

I hope it helps, Regards.
5 0
3 years ago
Read 2 more answers
The minimum salary for a running back is $1.35 million per year. One of the Whalers' running backs was hurt during the last game
Reil [10]

Answer: 2

Explanation: $2.7 million divided by $1.35 million is 2.

8 0
3 years ago
Elton used a decision rule that says, "only buy well-known brand names" when selecting a television set. he did not look at pric
anzhelika [568]

Answer: C) noncompensatory rule

Explanation:

The non-compensatory rule is used to describe a situation where a person does not believe that the good traits of a product in one area will compensate for perceived bad traits in another area.

For Elton, the good trait is well known brand names and the bad trait is brand names that are not well known. Even if for the brand that is not well known, the price is lower, the discount is higher or the store is well known, these still will not be enough to compensate for the bad trait of not being well known.  

3 0
2 years ago
Within organizations, leaders are needed to ________ and managers are needed to ________.
velikii [3]
Pay , work hope this helped you have a good day
4 0
3 years ago
Khalid is a 39-year-old, married business owner who runs a dry cleaning service with three locations. His personal obligations a
madam [21]

Answer:

D. A limited liability company because he will only be liable for what he has invested in the business. His personal assets will be protected, and he can be taxed like a sole proprietorship.

3 0
3 years ago
Other questions:
  • A fruit packing plant usually shuts down for three months each year. during that period, what happens to its costs? its fixed co
    9·1 answer
  • When marginal cost is greater than average​ cost, an increase in output up arrow average cost. When marginal cost is less than a
    12·1 answer
  • An agency relationship can degenerate into an agency conflict when an agent acts in a manner that is not in the best interest of
    10·2 answers
  • Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $480,000, va
    9·1 answer
  • A company is considering replacing its air conditioner. Management has narrowed the choices to alternatives that offer comparabl
    15·1 answer
  • 6. Commercial banks create money by
    13·2 answers
  • 22.On January 1, 2021, Amazon purchased a $64,000 office equipment and expected its useful economic life of 5 years. At the end
    5·1 answer
  • The Fire Department of a given city received an appropriation in the amount of $10,000,000 for the fiscal year ended June 30, 20
    9·1 answer
  • Nuclear Inc. just paid a $2.75 dividend. Dividends are expected to grow by 30% in year 1, by 25% in year 2, and by 25% in year 3
    11·1 answer
  • If people have a high degree of _______ one is more likely to want to stay with their current company.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!