Which of the following is an example of a reason why firms might pay efficiency wages? At equilibrium wages,
A)workers sleep when the boss is not looking because workers are not deeply concerned about being fired.
B)workers often quit to find better jobs.
C)only minimally qualified workers apply for the job.
D)workers cannot afford a healthy diet so they fall asleep at work due to a lack of energy.
E)All of these answers.

Question

Quizplus · Accepted Answer

Efficiency wages are paid above equilibrium to increase worker productivity by reducing shirking (A), decreasing turnover (B), attracting more qualified applicants (C), and ensuring workers can maintain a healthy lifestyle (D).

Which of the Following Is an Example of a Reason