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For a high school or college teachers with tenure Describe the general nature of theprincipal-agent problem Describe the principal agent problem associated with the type

For a high school or college teachers with tenure

  1. Describe the general nature of theprincipal-agent problem
  2. Describe the principal agent problem associated with the type of employment relationship
  3. Describe examples of contractual provisions that may be used to reduce or eliminate the principal-agent problem.

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