Violet, william, and xavier are partners in a partnership that sells medical devices. violet and william each contributed $100,000 to the partnership. xavier contributed $300,000 to the partnership. the partners vote on whether or not to purchase a new $100 machine. violet and william support the purchase. xavier opposes the purchase. unless the partnership agreement states otherwise, the partnership will:

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.