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    Managerial Economics and Strategy Study Set 2
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    Exam 15: Asymmetric Information
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    An Efficiency Wage Is
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An Efficiency Wage Is

Question 69

Question 69

Multiple Choice

An efficiency wage is


A) lower than a living wage.
B) unfair to employers.
C) a wage rate above the employees' opportunity cost.
D) unlikely to be paid when monitoring is available.

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