To keep employees from shirking, invest in greater monitoring
a. if monitoring is inexpensive relative to its benefits
b. especially when monitoring is not very efficient
c. when employees respond well to incentive contracts
d. when incentives solve both moral hazard and adverse selection problems with employees
a
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What will be an ideal response?
To prove an offence under the rule of reason, the government need only show that an offending practice took place
Indicate whether the statement is true or false
What is the correct definition of the short run?
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