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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
According to the efficiency wage model, firms will pay the real wage that
A) maximizes workers' marginal productivity.
B) minimizes hiring and training costs to the firm.
C) maximizes effort per dollar of real wage.
D) maximizes the marginal productivity of capital and the marginal productivity of labor together.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 158 times
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supamansupaman
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Posts: 2219
8 years ago
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johnpaul92 Author
wrote...
8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
wrote...
8 years ago
Take care for now
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