_____ theory notes that if a company pays higher wages,it can generally hire better people who will in turn be more productive.
A)Tournament
B)Signaling pay
C)Efficiency wage
D)Operational wage
E)Equity

Question

Quizplus · Accepted Answer

The theory described is that of efficiency wages, which suggests that paying higher wages can attract higher quality and more motivated workers, leading to higher productivity and ultimately greater profits for the company. This theory also suggests that paying wages above the market rate can help to reduce turnover and increase employee loyalty.

_____ Theory Notes That If a Company Pays Higher Wages,it