One of the Most Important Features That Must Be Explained

question 46

Multiple Choice

One of the most important features that must be explained by models during the formation of the galaxy is the ____.

• A) formation of spiral arms
• B) differences in age and metallicity of stars, especially in the halo
• C) formation of the central supermassive black hole
• D) accumulation of dark matter in the corona
• E) importance of spiral arms to star formation

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Definitions:

Agency Costs

Costs arising from the conflict of interest between a principal (such as a shareholder) and an agent (such as a company manager), including monitoring and contracting costs.

Moral Hazard

A situation in economics where one party can take risks because they do not bear the full consequences of their actions, often due to asymmetric information or a disconnect between actions and consequences.

Information Gathering

The process of collecting data and information from various sources to make informed decisions or understand situations better.

Principal-agent Relationships

A scenario where one party (the principal) delegates work to another party (the agent), who performs that work on behalf of the principal.