This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If all firms pay an efficiency wage, then A) there is no cost to shirking because the shirking ... (Read 202 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
on: Jul 1, 2018
If all firms pay an efficiency wage, then
 
  A) there is no cost to shirking because the shirking worker can receive his high wage at another firm after being caught and fired.
  B) the macroeconomy would enjoy a prolonged period of near-zero unemployment.
  C) there is a cost to shirking because the efficiency wage is less than it would have been if only a few firms paid it.
  D) there is a cost to shirking because the shirking worker will spend a greater time unemployed after being caught and fired.

Question 2

If an additional dollar spent on monitoring would reduce shirking by 10 minutes, then the firm will increase the worker's wage by 1 if this caused
 
  A) shirking to increase by less than 10 minutes.
  B) shirking to decrease by more than 10 minutes.
  C) shirking to decrease by less than 10 minutes.
  D) monitoring to become unnecessary.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

swimkari

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


folubunmi

  • Member
  • Posts: 524
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Cost Savings with an EHR System Cost Savings with an EHR System
How to solve any percent efficiency problem How to solve any percent efficiency problem
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Production efficiency vs. trophic efficiency Production efficiency vs. trophic efficiency
question in cost accounting question in cost accounting
Video: Summation - defined, spatial, temporal & AP generation or not

For a complete list of videos, visit our video library