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Title: Initially a firm pays a wage and gets an output per worker which are given index numbers of 1.00. ... Post by: ★ѕραndavir on Jul 27, 2017 Initially a firm pays a wage and gets an output per worker which are given index numbers of 1.00. Five possible 3 percent increases in the wage and the accompanying output per worker are as follows: 1.03 and 1.09, 1.06 and 1.17, 1.09 and 1.24, 1.13 and 1.29, 1.16 and 1.31. What is the efficiency wage?
A) 1.03 B) 1.06 C) 1.09 D) 1.13 E) 1.16 Title: Re: Initially a firm pays a wage and gets an output per worker which are given index numbers of ... Post by: thecrom on Jul 27, 2017 Content hidden
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