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Llanis Llanis
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6 years ago
If good salespeople are extremely risk averse, then a choice between a fixed-fee contract and a contingent contract
A) avoids a moral hazard.
B) will result in all job candidates choosing the contingent contract.
C) will result in an efficient contract.
D) may not be a good screening device.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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