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
<span>C. A greater number of wavelengths pass a given point per second.
hope this helps
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Answer:
Look below.
Explanation:
A tertiary consumer is an animal that eat primary consumers and secondary consumers. From this knowledge we can conclude that the tertiary consumer is the mountain lion since nothing consumes the animal and it is on the top of the food web for consuming the most energy.
