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
I think that I might be HYENA.
Since they don’t really kill they are mostly “scavengers”
I am not 100% sure though. I hoped I helped at least a little.
A) plant because it does photosynthesis
Answer:
Replicating DNA is fragile, and can break during the duplication process. In fact, broken chromosomes are often the source of DNA rearrangements and can change the genetic program of a cell. These changes can trigger a growth advantage in a single cell in your body, and when that cell continues to divide, tumors arise. Fortunately, our cells have defense mechanisms to shield us from these damaging events.
