The temptation of imperfectly monitored workers to shirk their responsibilities is an example of a. the moral hazard problem. b. signaling. c. screening.

Suppose that a flower nursery benefits from having a butterfly farm located only a few miles away, because the presence of the insects greatly improves flower pollination. lawyers for the two companies meet to draft a legal document specifying the number of butterflies the farm promises to maintain in exchange for payments to be made by the nursery. which of the following types of private solutions to the externality of pollination has occurred in this case? charities moral codes and social sanctions integration of different types of businesses contracts it’s important to note that sometimes private solutions to externalities do not work. for example, this occurs when communications barriers or social customs are important enough relative to the potential gains involved that (a) the government must step in (b) the private solution is not feasible (c) the market system has a crisis

50 ! kate is 14 years old and just started taking dance classes with her friends at a local dance studio. this is her first time in a dance program, so everything is new to her. her friends convinced her to join the class since they have been enjoying it for a few months. how could the following terms her succeed in the dance class? ● secondary reinforcement ● identity vs. role confusion ● observational learning how could the following terms hinder her success in the class? ● circadian rhythm ● basal ganglia ● vestibular sense

If you wish to make an explicit comparison of two dissimilar things without using like or as you would use the