The market for control of corporations serves to A) create moral ...

[tatyanajohnson]

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]

Answer to Question 1

B

Answer to Question 2

b