Examlex
Which of the following is a major ethical issue faced by social media marketers during their marketing campaigns?
Moral-Hazard
A situation where one party engages in risky behavior knowing that it is protected against the risk because another party will bear the cost.
Above-Equilibrium Wages
Wages that are higher than the market equilibrium, often used by employers to reduce turnover or increase productivity.
Firms
Businesses or enterprises engaged in commercial, industrial, or professional activities, aiming to earn profits by providing goods or services.
Adverse Selection
A situation in which one party in a transaction has more information than the other, often leading to an imbalance in a market or poor decision-making outcomes.
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