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1)The principal-agent problem is the problem of Select one: a.The agent acting in HK5/4.;is own interest b.Devising compensation rules to induce an agent to act

1)The principal-agent problem is the problem of

Select one:

a.The agent acting in HK5/4.;is own interest

b.Devising compensation rules to induce an agent to act in the best interests of a principal

c.Falling to maximize the production of the firm

d.The agent acting in the best interest of the principal

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