Question: The principal - agent problem occurs when: you do not hire anyone to do work for you because you have more information than anyone else.
The principalagent problem occurs when:
you do not hire anyone to do work for you because you have more information than anyone else.
one person you hire to do work for you has more information than another person you hire to do work for you.
the person you hire to do work for you has less information than you do
the person you hire to do work for you has more information than you do
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