Efficiency wage theory suggests that a) workers will be paid less than their reservation wage. b) productivity might drop if the wage rate is too low. c) the government can only set tax rates so high before people will prefer not to work. d) unskilled workers will have a lower turnover rate than skilled workers. e) firms will be more resistant to wage increases as the labor market tightens.

An instance where sellers should work to keep relationships with customers is when they instance where selllars should work to keep relationships with customers is when they feel that the product

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?