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

39. The principal-agent problem arises because A) Principals find it difficult

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

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