Answer: asymmetric information
Explanation: This phenomenon happens when there is a knowledge gap between two parties, meaning when one party has more knowledge about a subject matter than the other. For example a property owner who wants to sell a particular property has more information about the property than the buyer. This problem is common in the financial industry, for example a loan officer has all the information and conditions that surrounds giving out a loan than the customer taking the loan. This situation could lead to making decisions with negative repercussions.
Europe, Western Asia, and northern Asia hope u like that answer “:)
Answer:
b.theory of comparative advantage
Explanation:
Comparative advantage theory uses the concept of opportunity cost to measure the efficiency of each firm in producing a good or service. If Company A has a higher opportunity cost than Company B in producing a service, it is best to let Company B perform this service, while A must specialize in another activity. This may apply to companies that have the option of producing components of their final product or outsourcing these components. If the opportunity cost of a third party firm is lower, that firm will be more efficient in producing that component. Then the company can use its time and resources for other activities and purchase the outsourced firm's component. This way, the firm will be allowing another company to do part of the business because that other company is more productive in that particular service.
<span>Choice (c) is most correct. Having a laissez-faire attitude toward leadership holds that the person is "hands-off" and does not typically make decisions for the group. The leader allows consensus to naturally form and goes with those decisions. This leads to the group typically doing what is in the best interest of all members.</span>
With its vast areas of pasture, favourable climate pattern and rational use of inputs, including grains (corn, soybean) and fertilizers, Latin America has all the natural ingredients to be a major livestock producer, to meet food demands and to ensure regional and world food security
