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pirex pirex
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6 years ago
If all firms pay an efficiency wage, then
A) there is no cost to shirking because the shirking worker can receive his high wage at another firm after being caught and fired.
B) the macroeconomy would enjoy a prolonged period of near-zero unemployment.
C) there is a cost to shirking because the efficiency wage is less than it would have been if only a few firms paid it.
D) there is a cost to shirking because the shirking worker will spend a greater time unemployed after being caught and fired.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 101 times
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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TecShdwTecShdw
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#1
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6 years ago
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pirex Author
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6 years ago
Just got PERFECT on my quiz
kamikazekota
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Jose^2
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2 hours ago
Thank you, thank you, thank you!
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