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Which of the following descriptions best exemplifies a scenario where adverse selection plays a role? Group of answer choices A firm is selecting an unique
Which of the following descriptions best exemplifies a scenario where adverse selection plays a role?
Group of answer choices
A firm is selecting an unique longterm supplier among firms with diverse capabilities.
A manager is hiring from a pool of candidates with homogeneous capabilities.
A research scientist uses the organization's resources to conduct personal research.
An employee decides to work hard after changes in the compensation package.
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