Opportunistic behavior on the part of the employer is possible because:
a. contracts are often incomplete and leave room for implicit understandings between the two parties.
b. employees often reduce their effort level if they are important to the company.
c. it is difficult to monitor all employees and their performances.
d. good quality work can be easily measured.
A
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After analyzing his opponent, a tennis player decides to serve 10% of his serves to the left, 50% of his serves to the right, and 40% of his serves at the body of his opponent. This illustrates a
A) deterministic strategy. B) dominant strategy. C) mixed strategy. D) non-game theoretic problem.
During the 20th century and into the 21st, the U.S. net international investment position has
A. been consistently negative. B. gone from negative to positive and back to negative. C. been consistently positive. D. gone from positive to negative and back to positive.