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pirex pirex
wrote...
Posts: 634
6 years ago
In the presence of asymmetric information, a contingent contract
A) achieves production efficiency.
B) can lead to opportunistic behavior on the part of the agent.
C) is impossible to write.
D) will result in the principal earning all of the profit.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 45 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
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
Thanks
dri
wrote...

2 hours ago
Smart ... Thanks!
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