What concept might be used to explain your answer, Microeconomics

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What concept might be used to explain your answer

Problem

When professors get tenure, essentially guaranteeing them lifetime jobs, does this affect the effort they expend on teaching and research? What concept might be used to explain your answer?

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.

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Microeconomics: What concept might be used to explain your answer

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