Business, 05.11.2020 18:50 mia7955

The theory of efficiency wages explains why? a. setting wages at the equilibrium level may increase unemployment.
b. it may be in the best interest of firms to offer wages that are above the equilibrium level.
c. the most rational way to pay workers is to pay them according to their skills.
d. it is the best for firms to set wages at the equilibrium level.

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The theory of efficiency wages explains why? a. setting wages at the equilibrium level may increase...

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