Question
please tell me Which of the following statements about firms and markets is incorrect Select one: a.Contracts for products sold in markets transfer permanently the
please tell me Which of the following statements about firms and markets is incorrect
Select one:
a.Contracts for products sold in markets transfer permanently the ownership of a good from the seller to the buyer.
b.The only way to solve the conflict of interest arising in a firm is to strictly monitor the workers' performance.
c.Conflict of interest in firms arises as managers do not automatically benefit from their contributions to profits.
d.Owners and workers in a firm share interest as they both want the firm's success.
e.Economic power is concentrated in owners and managers within a firm.
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