Suppose the owner bears a monitoring cost of m which is


Suppose the owner bears a monitoring cost of m, which is subtracted from income, so that the owners utility is U (x^beta, y^beta-m). mLet the monitoring cost person be a function m(n) of the number n of team members, with m increasing as n increase. How does this affect the analysis?

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Business Economics: Suppose the owner bears a monitoring cost of m which is
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