MANGERIAL ECONOMICS W/MIND TAP
5th Edition
ISBN: 9781337607988
Author: FROEB
Publisher: CENGAGE L
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Question
Chapter 21, Problem 1MC
To determine
Principal agent relationship.
Expert Solution & Answer
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Explanation of Solution
The work is assigned by the laptop owner. Thus, the laptop owner is the principal and the person who gets the job from the principal is an agent. Thus, option ‘c’ is correct.
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Chapter 21 Solutions
MANGERIAL ECONOMICS W/MIND TAP
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