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The Central Idea Distinguishing the "Efficiency Wage Model" Is That

Question 6

Multiple Choice

The central idea distinguishing the "efficiency wage model" is that the wage paid by Firm A relative to the wages at other firms helps determine

A) Firm A's demand for labor.
B) the amount of labor Firm A can hire.
C) the productivity of Firm A's workers.
D) Firm A's markup fraction.

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