Manny owns a local fast-food franchise. Angel runs it for him. So in this situation, Manny is

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Manny owns a local fast-food franchise. Angel runs it for him. So in this situation, Manny is the ____________ and Angel is the ________________.

a. Free rider; entrepreneur.

b. Agent; principal.

c. Principal; agent.

d. Producer; consumer.

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Microeconomics Principles, Problems and Policies

ISBN: 978-1259450242

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

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Question Posted: Apr 24, 2018 06:50 AM

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Manny owns a local fast-food franchise. Angel runs it for him. So in this situation, Manny is

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c Principal agent Manny and Angel are engaged in a princ...View the full answer

Microeconomics Principles, Problems and Policies

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