Answer:
principal-agent problem
Explanation:
In a corporation, the principal-agent problem refers to conflict of priorities that exist between the shareholders and the management. Management has the duty of increasing the corporation value, and therefore increasing the shareholders' wealth. But sometimes, management makes decisions that benefit them more than the shareholders. This conflict of interest can be really dangerous for a corporation, since managers may safeguard their own personal interests and sacrifice the corporation's future value.
Answer:
a. tragedy of the commons
Explanation:
Based on the scenario being described within the question it can be said that the fee system corrects a problem known as the tragedy of the commons. This term describes a specific situation in a shared-resource system in which individuals go against the common good by depleting the shared resources through their collective actions in order to benefit their own self-interests.
Answer: Benjamin Franklin did not have cars during his time good sir...
Explanation:
Gold fish, ice cream, sushi
Answer:
a. $21,725.65
b. $19,385
c. 27,421.32
Explanation:
Savings = 125,000
Annuity Formula :
[ ( ) ] = ( )
Solving the equation we get,
A = $21,725.65