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Satsume Satsume
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Posts: 761
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6 years ago
Suppose new electronic devices make it easier to monitor the effort levels of workers.  If some shirking is still possible in the efficiency wage model, what happens to the efficiency wage?
A) Declines, but remains above the market-clearing wage
B) Declines, and falls below the market-clearing wage
C) Increases
D) Does not change
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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oracledarrenoracledarren
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Posts: 455
6 years ago
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Satsume Author
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Helped a lot
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Smart ... Thanks!
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