If a Firm Has Established Monitoring Devices That Have a 50

question 18

Multiple Choice

If a firm has established monitoring devices that have a 50% chance of detecting shirking,and an employee gains $5,000 from shirking,the employer can deter shirking by having employees post a bond equal to

• A) $2,500.
• B) $5,000.
• C) $10,000.
• D) $50,000.

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Definitions:

Genetic Inheritance

The process by which biological traits and characteristics are passed on from parents to their offspring through their genes.

Sociobiology

A scientific field that studies social behaviors in terms of evolutionary biology, focusing on how such behaviors are genetically inherited and contribute to survival.

Gerontology

The scientific study of old age and aging.

Ontology

The philosophical study of the nature of being, existence, or reality, as well as the basic categories of being and their relations.