Multiple Choice
Which of the following is an example of a reason why firms might pay efficiency wages? At equilibrium wages,
A) workers sleep when the boss is not looking because workers are not deeply concerned about being fired.
B) workers often quit to find better jobs.
C) only minimally qualified workers apply for the job.
D) workers cannot afford a healthy diet so they fall asleep at work due to a lack of energy.
E) All of these answers.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: If wages were always at the competitive
Q49: Whenever the wage rises above the competitive
Q51: A miner who has been unable to
Q52: Fill in the blank entries in
Q53: Since unemployment rates are consistently higher in
Q54: The amount of _ _increases when the
Q57: Markus is a low-skilled worker who washes
Q58: Why might a favourable change in the
Q59: The natural rate of unemployment<br>A)is the normal
Q60: Table 1: Statistics from a fictional