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 it is the Epidermis
Answer:
Symbiosis is an interaction characterized by two or more species living purposefully in direct contact with each other. The term "symbiosis" includes a broad range of species interactions but typically refers to three major types: mutualism, commensalism and parasitism.
Explanation:
The answer is D. Carbon cycle
