Which of the Following Is Not Acting as an Agent

question 9

Multiple Choice

Which of the following is not acting as an agent in the eyes of the law?

• A) The cashier at London Drugs
• B) An editor for the Gazette who writes some of the articles and proofreads the final draft of the paper
• C) The paperboy who sells subscriptions for the Globe and Mail
• D) A real estate salesman working for A.E. LePage
• E) A computer programmer hired by a real estate agency to help computerize the office by buying appropriate software and hardware for the company and adapting the programs to fit the agency's needs

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Definitions:

ATC

Average Total Cost, which is the total cost of production divided by the total quantity produced, indicating the average cost per unit.

Territorial Division

The division or partitioning of land or space into separate areas, often for administrative or legal purposes.

Oligopolistic Market

A market structure characterized by a small number of firms that dominate the market, often leading to limited competition.

Regional Monopoly

A regional monopoly exists when a single firm dominates the market for a particular good or service in a geographic area.