Use the following to answer questions:
-(Figure: The Labour Market)Use Figure: The Labour Market.What will be the level of employment if firms decide to pay an efficiency wage of $16?
A) 80 000
B) 100 000
C) 110 000
D) 200 000

Question

Use the following to answer questions: 
-(Figure: The Labour Market)Use Figure: The Labour Market.What will be the level of employment if firms decide to pay an efficiency wage of $16?
A) 80 000 
B) 100 000 
C) 110 000 
D) 200 000

Quizplus · Accepted Answer

The efficiency wage of $16 corresponds to the employment level of 80,000 in the labor market figure.

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