Which of the following concepts can be used to characterise well the relationship between a manager and
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Question:
Which of the following concepts can be used to characterise well the relationship between a manager and employees?
i. indifference curves
ii. principal-agent problem
iii. incomplete contract
iv. veil of ignorance
v. producer surplus
a.
i., iii. and v.
b.
ii. and iii.
c.
iv.
d.
iii.
e.
i.
Clear my choice
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