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There is a monitorless team (firm) of 10 persons. The 10 persons agree to work together and split ...

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There is a monitorless team (firm) of 10 persons. The 10 persons agree to work together and split ...

There is a monitorless team (firm) of 10 persons. The 10 persons agree to work together and split the revenue (they earn) equally. In this setting, the cost of shirking to an individual is

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higher than it would be if the individual worked alone.

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the same as it would be if the individual worked alone.

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lower than it would be if the individual worked alone.

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necessarily greater than the benefits of shirking.

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necessarily less than the benefits of shirking.

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Economics

Edition: 12^th

Author: Arnold

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NNF1024 Author

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Helped a lot

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Just got PERFECT on my quiz

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You make an excellent tutor!

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