Graded Assignment | Read Chapter 21 Back to Assignment Due Sunday 07.08.18 at 11

Question

Graded Assignment | Read Chapter 21 Back to Assignment Due Sunday 07.08.18 at 11:00 PM Attempts: 1.7 Do No Harm:1.7/2 2. Firm structure Which type of business accounts for the majority of sales revenue in the United States? O Partnership Business structures where the ownership and management are separate, with corporations, are subject to principal-agent problems. Which of the following may help reduce such problems and promote cost efficiency? Check all that apply Asymmetric information between managers and shareholders Defenses against hostile takeovers 2 Competition among firms for investment funds Save &Continue; Grade It Now

Explanation / Answer

1) Solution: corporation

Explanation: In the United States, Corporation contributes for the greatest share of revenues

2)Solution: Competition among firms for investment funds

Explanation: The principal-agent problems can be solved by promoting competition among firms for investment funds and can lead to efiiciency

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