Monitoring a manager can be difficult if
A) the owner and manager do not have an enforceable contract.
B) the owner cannot easily observe the manager's actions.
C) the manager doesn't have to use a time clock.
D) the board does not have enough outside directors.
Correct Answer:
Verified
Q61: If all firms pay an efficiency wage,then
A)
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A)employees
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A)profits
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A)lower than a living
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