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★ѕραndavir ★ѕραndavir
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6 years ago
According to efficiency wage theory, a firm that raises wages by one percent will actually lower the labor cost per unit of output if the wage increase
A) raises output per worker by more than one percent.
B) raises output per worker by less than one percent.
C) does not change output per worker.
D) lowers output per worker by less than one percent.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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