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The Basic Principle of Value Maximisation: Group of answer choices suggests that self-interested parties will typically engage in conflict and surplus destruction. suggests the principal
The Basic Principle of Value Maximisation: Group of answer choices suggests that self-interested parties will typically engage in conflict and surplus destruction. suggests the principal will need to coerce the agent into accepting a contract that increases surplus and agent effort. says that only when parties' interests are inherently aligned that surplus will be maximised. says that contract will be designed to achieve the efficient level of effort. None of the other answers are correct
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