Multiple Choice
According to the theory of efficiency wages,if a firm stops paying efficiency wages it is likely to see a(n)
A) increase in the number of job applicants and an increase in how long workers stay on the job.
B) increase in the number of job applicants and a decrease in how long workers stay on the job.
C) decrease in the number of job applicants and an increase in how long workers stay on the job.
D) decrease in the number of job applicants and a decrease in how long workers stay on the job.
Correct Answer:

Verified
Correct Answer:
Verified
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