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Author Question: A profit-maximizing firm that uses an efficiency wage and monitors will increase the wage it pays ... (Read 71 times)

nevelica

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on: Jul 1, 2018
A profit-maximizing firm that uses an efficiency wage and monitors will increase the wage it pays its workers until
 
  A) the worker requires no monitoring.
  B) the worker receives the market wage and requires full-time monitoring.
  C) the cost of monitoring the worker equals the efficiency wage.
  D) the change in the workers' productivity from being monitored times the per time unit cost of monitoring equals one.

Question 2

An efficiency wage premium serves the same function as a bond because, just as with a bond, the premium represents
 
  A) the amount the employee loses if caught shirking.
  B) the expected value of the amount the employee loses if he shirks.
  C) the cost of monitoring the employee.
  D) the gain to the employee if he shirks.
Microeconomics ¦ Perloff ¦ 8th Edition
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kmb352

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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.
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nevelica

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

cassie_ragen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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