1. Based on the statistics in figure 1.1 and 1.2, describe the income and the wealth distribution in the U. S. Include the differences between the two and use (cite) 1 statistic from each graphic.

Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries