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
Answer:
In order to avoid confusion with the identification of organisms
Explanation:
Answer:
Larger islands that are large and close to the mainland are shos lower rate of extinction due to the fact that the species present have more space so there will be more resources available in comparison to smaller islands where limited space and limited resources available.
Extinction is greater on islands isolated due to the unlikelihood of immigration and as it is opposite to the island close to the mainland and competition is more in isolated islands.
Answer:
They repel one another. I think
Strip mining is taking away the surface, literally scraping the surface away to remove coal.
