The principal-agent problem could be defined by saying that it is an agent who benefits from the effort of others without having even participated in the joint effort. It is a concept that is to be linked more broadly to the problems of information asymmetry.
<span>The term moral hazard refers to a type of market failure where the existence of insurance against a certain risk increases the likelihood of the occurrence of the event causing the risk.</span>
<u>The right answer is:</u>
Principal-agent problem matches with 2
Asymmetric information matches with 3
Adverse selection matches with 4
Moral hazard matches with 1
hey the answer polytechnic traits my friend :)
O2 (oxygen) is a covalent compound
Answer:
i'm in 9th grade and i'm in high school student to learn my class!
Explanation:
i like to read books, i like to bake, and i like to play my AG dolls
The answer is actually
<em>increased variation in tail feather color because the selection pressure has been relieved</em>
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<em>Good luck!</em>
<em>-RxL</em>