Ralph’s parents went to Dr. Egn as their primary care doctor since they were married. Ralph’s elder siblings and their kids also see Dr. Egn as their family doctor. Ralph has a chronic disease and as expected is being treated also by Dr. Egn. Unfortunately Ralph seems to be getting worse. He is feeling worse and some of his friends notice also that it looks like he is getting worse. Dr. Egn says Ralph is just fine and the medicine prescribed is working. Although his friends are suggesting that Ralph see another doctor for a second opinion, Ralph remains loyal to Dr. Egn, follows his every order, and refuses to see another doctor. His close relatives also agree with him. How do you describe the principal-agent relationship in this situation?here the doctor acts as the agent while Ralph is the principalhere the doctor acts as the principal while Ralph is the agentboth Raplh and Dr. Egn are principalsboth Raplh and Dr. Egn are agents
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