### Organization to become involved in a conflict of interest

##### Reference no: EM132184380

In view of the director's absolute duty of loyalty to a corporation consider how international events might cause a corporate director of a multinational business organization to become involved in a conflict of interest.

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Terry has a demand function for oysters given by the equation q=.02m-2p, where m is income and p is price. Terry's income is \$8,000 and he initially has to pay a price of \$40

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Suppose pigs (P) can be fed corn-based feed (C) or soybean-based feed (S) such that the production function is P = 2C + 5S. If the price of corn feed is \$4 and the price of so