Which of the following is most likely to be a feature of a state-contingent contract?
A) The agent pays the principal a higher licensing fee when demand is high compared to when demand is low.
B) The agent makes the same wage regardless of demand.
C) The agent, who lives in Nevada, earns more money on out-of-state sales (e.g., sales to California or New York) than in-state sales.
D) The restaurant owner (principal) pays the waiter (agent) more when it is snowing or raining outside.
A
Economics
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Investment is lowered by expansionary monetary policy
a. True b. False Indicate whether the statement is true or false
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Refer to the information provided in Figure 9.1 below to answer the question(s) that follow. 
Figure 9.1Refer to Figure 9.1. If this farmer is maximizing profits, his profit will be
A. -$24. B. $45. C. $48. D. $72.
Economics