Multiple Choice
One reason the lowest wage rate is not necessarily the same as the efficiency wage is that workers might
A) be more productive at a higher wage rate.
B) have more incentive to shirk at higher wage rates.
C) be tempted to switch jobs more frequently at higher wage rates.
D) be less inclined to work well at a higher wage rate.
Correct Answer:
Verified
Correct Answer:
Verified
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