Simon leagreet, the chairperson and ceo of l-eva industries, inc., has long been the major power at l-eva. a majority of the directors are concerned that while mr. leagreet has been responsible for the firm's earning above-average returns, he has been displaying a tendency toward personal extravagance at the firm's expense. in order to limit mr. leagreet's power, the board of directors plans to: a. reduce the size of the stock option package provided to mr. leagreet. b. require mr. leagreet to personally certify the firm's financial reports. c. elect an insider as the lead director. d. appoint another individual as chairperson of the board of directors.

answer; monopolistic competition;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.