An employee gains $500 from shirking. Thus, to deter shirking, the employer makes employees post a bond equal to $1,000, and installs monitoring devices to detect shirking. What is the probability that these devices can detect shirking?
A) 30%
B) 100%
C) 50%
D) 95%
C
Economics
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Suppose a monopolist's demand curve lies below its average variable cost curve. The firm will:
a. stay in operation in the short-run. b. earn an economic profit. c. earn an economic profit in the long run. d. shut down.
Economics
ALL of the following describe economic conditions during the Great Depression in the United States EXCEPT:
A. high rates of unemployment. B. high rates of inflation. C. a sharp decline in stock prices. D. low levels of production.
Economics
Which of the following will be the most likely impact of an unanticipated increase in the money supply?
What will be an ideal response?
Economics
Most MNEs generate a large portion of their revenues in their home regions.
a. true b. false
Economics