(solution) Describe either an adverse selection or moral hazard problem a company is facing

(solution) Describe either an adverse selection or moral hazard problem a company is facing

The book is Managerial Economics A Problem Solving Approach 4th edition. Describe either an adverse selection or moral hazard problem a company is facing. Describe the qualities that make it either adverse selection or moral hazard. What is the source of the asymmetric information? Who is the less-informed party? Are there any wealth-creating transactions not consummated as a result of the asymmetric information? If so, could you consummate them? What advice/recommendations would you give the company? Incorporate concepts from the readings and lectures.