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Which of the following is an example of an agency problem? a.All of the options are examples of agency problems. b.Managers engage in empire building.

Which of the following is an example of an agency problem?

a.All of the options are examples of agency problems.

b.Managers engage in empire building.

c.Managers overconsume luxuries such as corporate jets.

d.Managers protect their jobs by avoiding risky projects.

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