Employers choose to offer efficiency wages because:
A) they give employees an incentive to work hard to keep their jobs.
B) it will reduce turnover, saving the employer time and money to hire and train new workers.
C) it has proven to make workers more productive.
D) All of these are true.
Correct Answer:
Verified
Q110: The number of U.S. workers in unions
Q111: What does the existence of labor unions
Q112: The amount of unemployment caused by efficiency
Q113: Efficiency wages are:
A) wages deliberately set above
Q114: The role of unions is:
A) unnecessary if
Q116: If minimum wage legislation does cause unemployment,
Q117: The employer who has the most unionized
Q118: If minimum wage legislation does not cause
Q119: Some economists argue that the minimum wage:
A)
Q120: The biggest benefit to members of a
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