Some workers in the economy are paid a flat salary andsome are paid by commission. Which compensationscheme would require more monitoring by supervisors? In which case do firms have an incentive to pay morethan the equilibrium level (as in the worker-effortvariant of efficiency-wage theory)? What factors do youthink determine the type of compensation firms choose?
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.