Explain what your recommendation to the company


Problem

Suppose employees pay a bond of $1,000 to an employer. The gain from shirking is $400. Monitoring devices have been installed so that there is a 50% chance being caught if you are shirking. The company is considering the installation of additional monitoring devices to increase the chance of shirker to 100%. They feel this is needed to deter all shirking. What your recommendation to the company? Explain.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain what your recommendation to the company
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