One reason that an efficiency wage leads to greater worker productivity is that:
A) earning more than the market wage gives workers an incentive to stay with the firm.
B) it deters workers from trying to start a union.
C) due to competition for their jobs, which are now desired, firms to pay less overall for a worker in the long run.
D) it is set right at market equilibrium which creates an efficient labor market.
Correct Answer:
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