Is adverse selection or moral hazard at work in the following scenario? Explain why. "You hire a substitute tutor for your sister and agree to pay $40 up front. Later you find out that the tutor spent more time texting on his phone than helping your sister.' For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph Open Sans, sa... 10pt v A V v TX . . . E E X2 X2 The ABC V Redo EX: EX T (} O ?) 4