My answer is the Vacoules, but I might be wrong.
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
With shorter necks, giraffe ancestors could not reach food-containing branches on tall trees. This resulted in the directional selection of giraffes with longer necks.
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Why is choosing a direction necessary? </h3>
It nearly appears obvious that the giraffe's long neck developed as a result of a lack of food in the lower branches of trees. The giraffe has a significant advantage because it is taller than any other mammal and can feed where few others can.
When compared to modern giraffes, the giraffe's ancient predecessors had a shorter neck. The plants that were lying at a higher level were inaccessible to them. Giraffe phenotypes have changed in various ways, and now have long necks to reach vegetation that is higher up. The extreme form is chosen above other features in directional selection. It was decided to choose the long-necked giraffe over the short-necked.
To know more about direction selection for longer necked giraffes visit:
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