Multiple Choice
One drawback of deferred payments is that
A) employees may shirk anyway.
B) employers might fire high achievers to avoid paying higher wages or bonuses.
C) it is difficult to determine who are the good and who are the bad workers.
D) employees have to work for the firm for a long time.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: An efficiency wage premium serves the same
Q37: A profit-maximizing firm that uses an efficiency
Q41: As the probability of detecting shirking increases,the
Q60: How can a warranty at the seller's
Q85: One method for solving the adverse selection
Q86: In which type of contract does the
Q88: What is one potential problem with nationalized
Q90: When shirking at the workplace occurs,increased monitoring
Q92: An informed party can use _ to
Q93: Suppose a plaintiff hires a lawyer to