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Author Question: A firm may benefit by paying workers ________ than the market clearing wage because the higher wages ... (Read 65 times)

big1devin

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Question 1

If productivity increases as wages increase and firms pay a wage ________ the market clearing wage, then a potential benefit these firms may receive is a(n) ________ in employee turnover.


◦ below; increase
◦ below; reduction
◦ above; increase
◦ above; reduction

Question 2

A firm may benefit by paying workers ________ than the market clearing wage because the higher wages may lead to ________ worker morale.


◦ less; improved
◦ less; declining
◦ more; improved
◦ more; declining


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Marked as best answer by big1devin on Apr 19, 2019

Missbam101

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