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Author Question: The market for control of corporations serves to A) create moral hazard. B) address the ... (Read 53 times)

tatyanajohnson

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on: Jun 30, 2018
The market for control of corporations serves to
 A) create moral hazard.
  B) address the principal-agent problem.
  C) add to economies of scale.
  D) address the problem of adverse selection.

Question 2

A Prisoners' Dilemma game demonstrates how ____ is often rational for individuals even though ____.
 a. the failure to cooperate; cooperation would make everyone worse off
 b. the failure to cooperate; cooperation would make everyone better off
 c. cooperative behavior; cooperative behavior might make everyone worse off
  d. All of the above can be demonstrated with a Prisoners' Dilemma game.


swimkari

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

b


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