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
There are lots of animals that do this and they are classified as herbivores.
Answer:mercury, lead, chromium
Explanation:
Answer:
Via a range of pathways, carbon travels from one storage reservoir to another. In the food chain, for example, plants, by photosynthesis, transfer carbon from the atmosphere into the biosphere. Respiration, excretion, and decomposition release the fuel, continuing the cycle, back into the atmosphere or soil.
Explanation:
