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Some workers in the economy are paid a flat salary and some are paid by commission. Which compensation scheme would require more monitoring by supervisors?

Some workers in the economy are paid a flat salary and some are paid by commission.

  • Which compensation scheme would require more monitoring by supervisors?
  • In which case do firms have an incentive to pay more than the equilibrium level (as in the worker-effort variant of efficiency-wage theory)?
  • What factors do you think determine the type of compensation firms choose?

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