In the duck-carving example with limited information (summarized in the third and fourth columns of Table 19.1),

Question:

In the duck-carving example with limited information (summarized in the third and fourth columns of Table 19.1), is a fixed-fee contract efficient? If so, why? If not, are there additional steps that Paula can take to ensure efficiency?
Table 19.1: Production Efficiency and Moral Hazard Problems for Buy-A-Duck