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Author Question: Suppose two owners of a store agree to split the profit equally regardless of the number of hours ... (Read 40 times)

evelyn o bentley

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on: Jul 1, 2018
Suppose two owners of a store agree to split the profit equally regardless of the number of hours each spends working at the store. As a result,
 
  A) production efficiency is achieved.
  B) each enjoys only half the marginal benefit of an additional hour working in the store.
  C) one will work all of the time while the other works zero hours.
  D) each will work as many hours as if he or she were the sole owner.

Question 2

If the principal has full information, production efficiency without supervision can occur with
 
  A) a fixed fee rental contract.
  B) a profit-sharing contract.
  C) an incentive-compatible contract.
  D) All of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
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Jbrasil

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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evelyn o bentley

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Reply 2 on: Jul 1, 2018
Excellent

dantucker

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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