Which of the following is NOT a reason why labour productivity may increase in response to higher wages?
A) Higher wages allow workers to take more leisure time.
B) Higher wages result in reduced labour mobility.
C) Higher wages result in higher staff morale.
D) Higher wages increase the opportunity cost of dismissal.
Correct Answer:
Verified
Q11: The market demand curve for labour is:
A)
Q12: When a monopsonist enters a perfectly competitive
Q13: When a trade union comes up against
Q14: Which of the following is most likely
Q15: In a bi- lateral monopoly, the equilibrium
Q17: The position of the market supply curve
Q18: Marginal productivity theory states that to maximise
Q19: Unions may be less successful in achieving
Q20: The fact that the demand for car
Q21: Changes in the MPP of labour affects
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents