× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
New Topic  
Llanis Llanis
wrote...
Posts: 626
Rep: 0 0
6 years ago
In the presence of asymmetric information, the only contract that results in production efficiency and no moral hazard is the one in which
A) the agent receives a fixed fee.
B) the principal receives a fixed rent.
C) profit is shared.
D) revenue is shared.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 61 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
B
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1265 People Browsing
Related Images
  
 346
  
 1234
  
 224
Your Opinion
Where do you get your textbooks?
Votes: 372

Previous poll results: How often do you eat-out per week?