Economics Mcqs
Q Which of the following statements about efficiency wage theory is true ?
  • A A. Paying above the competitive equilibrium wage tends to cause workers to shirk their responsibilities
  • B B. Firms do not have a choice about whether they pay efficiency wages or not because these wages are determined by law
  • C C. Paying the lowest possible wage is always the most efficient (profitable)
  • D D. Paying above the competitive equilibrium wage may improve worker health lower worker turnover improve worker quality and increase worker effort
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Word of the Day
26 Jul
Simultaneously
at the same time.
ایک ہی ΩˆΩ‚Ψͺ Ω…ΫŒΪΊΨŒ ایک Ψ³Ψ§Ψͺھ، بیک ΩˆΩ‚Ψͺ

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