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pirex pirex
wrote...
Posts: 634
6 years ago
Many professional sports athletes have incentive clauses in their contracts. These indicate that
A) the team owner has asymmetric information.
B) the athlete might engage in moral hazard, which the team owner wishes to avoid.
C) the athlete might engage in adverse selection, which the team owner wishes to avoid.
D) the athlete has stronger negotiators.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 69 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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Answer verified by a subject expert
ChronosChronos
wrote...
Posts: 404
Rep: 2 0
6 years ago
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pirex Author
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6 years ago
Just got PERFECT on my quiz
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Yesterday
Correct Slight Smile TY
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2 hours ago
Smart ... Thanks!
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