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    In the Principal-Agent Problem, the Agent Is a Person Who
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In the Principal-Agent Problem, the Agent Is a Person Who

Question 21

Question 21

Multiple Choice

In the principal-agent problem, the agent is a person who:


A) entrusts someone with a task.
B) carries out a task on someone else's behalf.
C) is in charge of a top-secret mission.
D) has the same objectives as the principal.

Correct Answer:

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