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Author Question: A firm uses an efficiency wage scheme to deter workers from shirking. Suppose a risk-neutral worker ... (Read 176 times)

Capo

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on: Jul 1, 2018
A firm uses an efficiency wage scheme to deter workers from shirking. Suppose a risk-neutral worker that has a reservation wage of 1000. The industry ongoing wage is 2,000. The efficiency wage paid by this firm is 7,000. What is this firm's shirking detection rate?
 
  A) 5
  B) 20
  C) 10
  D) 25

Question 2

A firm uses an efficiency wage scheme to deter workers from shirking, which is detected 10 of the times. Suppose a risk-neutral worker. The industry ongoing wage is 3,000. The efficiency wage paid by this firm is 8,000. What is this worker's reservation wage?
 
  A) 400
  B) 500
  C) 1,000
  D) 1,500
Microeconomics ¦ Perloff ¦ 8th Edition
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atrochim

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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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Capo

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

Kedrick2014

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Reply 3 on: Yesterday
Wow, this really help

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