A wage offer that is above the market wage, intended to avoid the adverse selection problem, is called a(n)

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An efficiency wage is a wage that is higher than the market wage and is intended to reduce the adverse selection problem. By offering a higher wage, firms are able to attract higher-quality workers who are more productive and less likely to shirk on the job. This can lead to increased efficiency and productivity within the firm.

A Wage Offer That Is Above the Market Wage, Intended