Question: 39. The principal-agent problem arises because + A) B) + Principals find it difficult and costly to monitor agents' activities Agents' incentives are not

39. The principal-agent problem arises because + A) B) + Principals find

39. The principal-agent problem arises because + A) B) + Principals find it difficult and costly to monitor agents' activities Agents' incentives are not always compatible with those of the principals Principals have incentives to free-ride off the monitoring expenditures of other principals All of the above

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