Which of the following are true statements? Select one: Jo A. In procuring production inputs, a spot exchange occurs when inputs are purchased "off-the shelf" without a binding relationship between the buyer and seller. 0 B. One advantage of using a spot exchange is there are relatively low transaction costs as long as the firm is using a standardized input. O C. One disadvantage of a spot exchange is there is little or no quality control. o D. All of the above. is the person who takes some n the economic literature on principal-agent problems, the action, and the is the person whom the action affects. Select one: A. agent, principal B. principal, agent Both statements describe the agent. CESS ONLINE RESOURCES TECHNICAL RESOURCES - LSUS RESOURCES You found the condo of your dreams. You agreed to a total price of $250,000 and will be putting down $25,000, and financing the remaining $225,000. 1st National Bank has offered you an APR of 3.95%, with monthly payments for 30 years. How much is your monthly mortgage payment? Select one: O a. $998.89 b. $1,186.34 O c. $1,049.93 d. $1,067.71 o e. $1,077.74