--%>

Principal-Agent Problems-Institutions

According to the John Kenneth Galbraith, the modern corporate planning: (i) Aims at decreasing risks to the managers of main firms. (ii) Stresses the maximization of gains. (iii) Is much concerned with the social goals. (iv) Maximizes the social welfare.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Taxes on pure land rent Taxes on pure

    Taxes on pure land rents: (1) especially distort economic behavior. (2) are forward shifted to consumers. (3) transfer income from the public treasury to private landowners. (4) are allocatively neutral relative to most alternative taxes. (5) are over

  • Q : Market clearing price problem The

    The markets in which the current market price surpasses the market clearing price experience: (1) Surpluses. (2) Declining scarcity. (3) Unexpected inventory shrinkage. (4) Shortages. (5) Raised market demands. Find out the right a

  • Q : Boosting minimum wage laws Boosting

    Boosting minimum wage laws from $5 to $8 per hour is LEAST probable to: (w) give some unskilled workers with higher incomes. (x) cause some low-wage workers to lose their jobs. (y) raise friendship like a basis for employment. (z) decrease unemploymen

  • Q : Separation of the Economic Functions

    Separation of ownership or stockholders by control (management) into modern giant corporations tends to divide the economic functions of: (w) capitalists. (x) union leaders. (y) entrepreneurship. (z) bureaucrats. I

  • Q : Combinations of goods in production

    Points exterior to economy’s production possibilities curve exhibit combinations of goods which: (i) Can’t be produced with the economy’s present capacity. (ii) Employ resources proficiently in production. (iii) Don’t utilize t

  • Q : Make economic profits by

    A profit-maximizing monopolist will certainly be capable to generate economic profits when, at certain level of output: (w) average fixed costs [AFC] are very high. (x) average total costs [ATC] lies above the demand curve. (y) averag

  • Q : Effects of less liquid assets on

    When households become more willing to hold less liquid assets, the: (w) interest rate rises. (x) present value of future income falls. (y) interest rate falls. (z) stock market will crash. How can I solve my

  • Q : Determine supply curve for perfectly

    Assume that all such curves in below demonstrated graph are infinitely long straight lines. The supply curve which is perfectly price-elastic is: (1) supply curve S1. (2) supply curve S2. (3) supply curve S3. (4) suppl

  • Q : Long Run-Firm can vary all inputs I

    I have a problem in economics on Long Run-Firm can vary all inputs. Please help me in the following question. In long run: (1) Firm can vary all the inputs. (2) Firm can vary few inputs, however not all. (3) Capital starts to depreciate. (4) Output increases.

  • Q : Attract new firms by economics profits

    Economic profits within a competitive industry are signals which: (i) attract new firms into the industry. (ii) hinder innovation of new technologies. (iii) encourage inefficiency in existing firms. (iv) business conditions are deteriorating. (v) pric