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Business, 30.07.2019 18:10 asdf334asdf334

The winner of the men's or women's tennis singles at the u. s. open is paid twice as much as the runner-up, but it takes two players to have a singles final. is this compensation arrangement efficient? is it fair? explain why it might illustrate the big tradeoff. this compensation arrangement is a. efficient because players are hard to monitor and the bigger prize for the winner brings a better game (increased total production) your answer is correct. b. inefficient because the prize money is not equally distributed c. always inefficient d. efficient if the marginal cost for both players is minimized e. efficient if the marginal benefit for both players is maximized this compensation arrangement is a. fair by the fair-result view because the players make a salary that is higher than the average american's and fair by the fair-rules view because the players agree to abide by the rules of tennis b. unfair by the fair-result view because not all players are equally talented and unfair by the fair-rules view because only the world's best players can enter the tournament c. always fair d. always unfair e. unfair by the fair-result view because th

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