A firm is likely to pay higher efficiency wages when:
A) it is easy to monitor workers.
B) it is not easy to monitor workers.
C) workers do not have a tendency to shirk at work.
D) the minimum wages are set above the equilibrium wage rate.
B
Economics
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The long run is a period of time
a. during which at least one resource is fixed b. during which all resources are variable c. during which all resources are fixed d. less than one year e. greater than one year
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Which of the following is counted as part of M2?
a. Currency. b. Checkable deposits. c. Money-market mutual funds. d. All of these.
Economics