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Business, 27.03.2020 20:24 medusa36

Peter, a software engineer employed by Initech, sneaks into work late everyday and just sits at his desk spacing out for most of the week because he gets paid a fixed salary and has no incentive to work any harder.

This is most clearly an example of :

a. the duality problem

b. implicit costs

c. the law of diminishing marginal utility

d. shirking and the principle-agent problem

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