Multiple Choice
If a firm has established monitoring devices that have a 50% chance of detecting shirking,and an employee gains $5,000 from shirking,the employer can deter shirking by having employees post a bond equal to
A) $2,500.
B) $5,000.
C) $10,000.
D) $50,000.
Correct Answer:
Verified
Correct Answer:
Verified
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