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Unformatted text preview: d. (c) An employer may try to prevent a moral hazard problem by paying her workers an e ciency wage.
(d) One interpretation of gi giving is that it re ects asymmetric information and signaling.
. Assume there are nine voters in a certain small town and let x = the preferred number of dollars
spent per person per month on garbage collection. For Voters , , and , x =
; for Voter , x
= ; for Voter , x =
; and for Voters , , and , x =
. e median voter is
(a) Voter (b) Voter (c) Voter (d) Voter . Which of the following statements is not correct?
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- Spring '14