Incentive contracts typically result in higher risk-related compensation to agents on average,
a. even so, they are always worth it
b. this does not affect their desirability
c. as a consequence, they may cost more than the problem they solve
d. therefore, they are never worth it
c
Economics
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The costs which can be avoided if we alter our decisions or choices are referred to as:
a. average costs. b. opportunity costs. c. marginal costs. d. sunk costs.
Economics
The increased participation of married women in the work force reflects the increasing opportunity cost of not working
Indicate whether the statement is true or false
Economics