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A-LevelEconomicsThe price system and the microeconomy9708/32 · Oct/Nov 2019 · Q121 Mark

What is generally associated with the principal-agent problem?

(A)Directors prefer company growth to greater shareholder dividends.
(B)Managers ignore workers' concerns about safety in the workplace.
(C)Shareholders determine the price of products.
(D)Workers go on strike against managers' reorganisation plans.

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2019). The mark or mark type is shown in brackets.

[1] A

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About this question

Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Oct/Nov 2019 Paper 3 Variant 2, question 12.

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