Which of the Following Statements Regarding Efficient Contracts Is False

question 11

Multiple Choice

Which of the following statements regarding efficient contracts is false?

• A) Efficient contacts are often associated with work rules.
• B) Efficient contracts typically involve excessive staffing levels.
• C) Given an efficient contract, it is impossible to make one party better off without making the other party worse off.
• D) The set of efficient contracts is relevant for the "right-to-manage" bargaining regime.
• E) The set of efficient contracts lies to the right of the labour demand curve.

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