Match List I with List II

LIST I

LIST II

A.

Principal agent problem

I.

Use of resources are more than desirable

B.

Moral Hazard Problem

II

One's actions are unobserved but it can affect the magnitude of payment

C.

Tragedy of commons

III.

An individual pursue his/her own goal rather than the goal of the employer

D.

Problem of Lemons

IV.

Sellers have better information about the product quality than buyers.

Choose the correct answer from the options given below:

Question

LIST I		LIST II
A.	Principal agent problem	I.	Use of resources are more than desirable
B.	Moral Hazard Problem	II	One's actions are unobserved but it can affect the magnitude of payment
C.	Tragedy of commons	III.	An individual pursue his/her own goal rather than the goal of the employer
D.	Problem of Lemons	IV.	Sellers have better information about the product quality than buyers.