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
A) Earth moon sun
the moon blocks the sunlight from the ground creating a solar eclipse.
Answer:
The preferable option will be - C.
agreeableness, agreeable.
Explanation:
- A person who has an alternative character of <u>agreeableness</u> will typically follow a script, or a cascade of perceptual and behavioral strategy, that involves being warm, friendly, approachable, and slow to anger.
- If a person is <u>agreeable</u>, then he or she will probably not get angry in response to a mild insult.
So, we can say that an agreeable person is more calmer than an agreeableness person.
Answer:
Probability that the son will be:
color-blind = 1/2
blue eyed = 1/8
blue eyed and color-blind = 1/16
Explanation:
Mother : BbXcX
Father : BbXY
Colorblindness is X linked recessive trait hence will be caused when the son has XcY genotype.
XcX X XY :
Xc X
X XcX XX
Y XcY XY
Half of the sons will have normal vision and other half will be colorblind hence, there is 1/2 probability that the son will be colorblind.
Eye color is autosomal trait and blue color will be produced when the child has bb genotype.
Bb X Bb :
B b
B BB Bb
b Bb bb
1/4 of the children will have blue eyes. Since half of the children are expected to be males, 1/4 * 1/2 = 1/8 sons are expected to have blue eyes.
Probability of a son being blue eyed and color blind will be :
1/8 * 1/2 = 1/16
Addition, you added an extra T between the first A and C