1. Choose one specific Business (do specify on one business in FOOD INDUSTRY)

2. List down the nature of market operation of that chosen business

3. Identify and describe the nature of market of lemon that does exist in the business

4. Give an example of market signaling that could be used by owner of the business that could help them to avoid loss of profit in their monthly operation.

5.give one example of moral hazard that does occurs from the perspective of business operation and one from the customer that possibly could happen.

6. Identify mechanism that could be taken by the owner to avoid occurrence of market failure due to the principle agent problem that happen in the business