Part 1Match​ (by number) each concept with its​ description:Part 2[table] Concept | Adverse selection | Upper H i dd e n minus i nformat i on probl e m b e for e a transact i on; h i gh e r minus r i sk or wors e minus than minus av e rag e part i c i pants ar e mor e l i k e ly to s e l e ct i nto th e mark e t left parenthesis e .g., h i gh minus r i sk i nd i v i duals ar e mor e l i k e ly to buy i nsuranc e right parenthesis .Hidden−information problem before a transaction; higher−risk or w orse−than−average participants are more likely to select into the market (e.g., high−risk individuals are more likely to buy insurance). [/table]