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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>
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Accents Associates sells only one product, with a current selling price of $70 per unit. Variable costs are 40% of this selling
katrin2010 [14]

Answer:

$20,000

Explanation:

Break-even sales is the point of sales at which the business incur no profit no loss. At this level of sale the business covers all of the variable and fixed cost associated with the product. Break-even is expressed in sales volume and sales value terms.

Current Selling Price = $70

As we know

Sales price = Variable cost + Contribution margin

Sales price = Variable cost ratio + Contribution margin ratio

100% = 40% + Contribution

Contribution = 100% - 40% = 60%

Fixed Cost = $12,000 Per month

Break-even sales  = Fixed Cost / Contribution margin ratio

Break-even sales  = $12,000 / 60% = $20,000

4 0
3 years ago
How would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold? quest
11111nata11111 [884]
<span>how would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold ? C) The supply of smartphones would decrease. Excise taxes are based on the quantity of an item and not on its value. For example, the federal government imposes an excise tax of 18.4 cents on every gallon of gas purchased, regardless of the price charged by the seller. States often add an additional excise tax on each gallon of fuel. so, government will charged 5.00$ excise tax on smartphone will affected supply of smartphones would decrease.</span>
8 0
3 years ago
Forlornistan is a country in the midst of a serious economic downturn. Forlornistan's GDP has declined steadily for over three y
goblinko [34]

Answer:

The correct answer is option c.

Explanation:

Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.

All these characteristics show that the economy is going through economic depression.

Depression refers to the situation in which an economy suffers a downturn in economic activities. It involves decrease in output level, price and employment rate.

6 0
3 years ago
The personnel director at a large company studied the eating habits of the company's employees. the director watched and recorde
valina [46]

The answer is<u> "An experiment."</u>


An experiment refers to a controlled study in which the scientist endeavors to comprehend circumstances and end results connections. The examination is "controlled" as in the analyst controls (1) how subjects are relegated to gatherings and (2) which medicines each gathering gets.  

In the analysis stage, the specialist thinks about gathering scores on some reliant variable. In view of the investigation, the scientist makes an inference about whether the treatment (independent  variable) causally affected the dependent variable.

4 0
3 years ago
What is a target audience and why is it important to consider when creating a multimedia presentation?
ss7ja [257]

A target audience is the group that you are trying to attract. It is important to have one for your multimedia presentation because it is impossible to appeal to all groups, so you must narrow down who you are trying to reach.

A target audience is the group or demographic that you are aiming the multimedia presentation at. A target audience may include things like a specific gender, age group, marital status or income level.

A target audience is important when creating a multimedia presentation because you want to attract attention, but it is impossible to attract everyone’s attention. You need to include features that will appeal to your target audience. These features may include photos, music or topics that will appeal to a particular group.

4 0
3 years ago
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