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pirex pirex
wrote...
Posts: 634
6 years ago
As the probability of detecting shirking increases, the size of the bond necessary to deter shirking
A) also increases.
B) stays the same.
C) decreases.
D) increases at an exponential rate.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 115 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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Replies
wrote...
6 years ago
C
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