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A written contract between an employer and an employee creates value as long as:

ID: 1236003 • Letter: A

Question

A written contract between an employer and an employee creates value as long as:Answer the benefits exceed the costs of forming and enforcing it. the productivity of the employee is equivalent to the wage. on-the-job learning is unimportant. the relationship between the employer and the employee is short-term. the benefits exceed the costs of forming and enforcing it. the productivity of the employee is equivalent to the wage. on-the-job learning is unimportant. the relationship between the employer and the employee is short-term. the benefits exceed the costs of forming and enforcing it. the productivity of the employee is equivalent to the wage. on-the-job learning is unimportant. the relationship between the employer and the employee is short-term.

Explanation / Answer

n-the-job learning is unimportant.