An efficient wage
A)requires increased turnover.
B)may decrease the costs of production.
C)helps to reduce the level of unemployment.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

An efficient wage may decrease the cost of production as it can improve the productivity and quality of work of the employees, leading to increased efficiency and reduced waste. However, an efficient wage may not necessarily lead to increased turnover or reduced unemployment.

An Efficient Wage