An agency relationship is the relationship between the "principal" and the agent. an agent owes several duties to their principal. the duty of obedience is where the agent must act solely and completely for the benefit of the principal. group of answer choices true false

Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false