Efficiency-Wage Theory Suggests That Paying

Multiple Choice

Efficiency-wage theory suggests that paying

A) low wages might be profitable because they raise the efficiency of a firm's workers.
B) low wages might be profitable because they lower the efficiency of a firm's workers.
C) high wages might be profitable because they raise the efficiency of a firm's workers.
D) high wages might be profitable because they lower the efficiency of a firm's workers.