Why is the principal-agent problem less likely when getting a ...

[charchew]

Why is the principal-agent problem less likely when getting a haircut than when getting a car repaired?
 a. Haircuts are less expensive than car repairs.
  b. There are no hidden actions when getting your hair cut.
  c. There are no hidden actions when getting your car repaired.
  d. Auto mechanics are less honest than hair stylists.
  e. There is no principal-agent relationship in car repair.

Question 2

Throughout the world, poverty is greater among women than men, particularly women who head households.
 a. True
  b. False

[reelove4eva]

Answer to Question 1

B

Answer to Question 2

A

[charchew]

Gracias!

[tkempin]

Thanks for the timely response, appreciate it