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Author Question: If, as a result of imperfect information, firms set their wage rates below the market clearing wage rate (Read 97 times)

sc00by25

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on: Apr 19, 2019

Question 1

A firm may benefit by paying workers more than the market clearing wage because the higher wages may lead to all of the following 
except


◦ lower worker turnover.
◦ improved worker morale.
◦ reduced shirking of work.
◦ reduced taxes.

Question 2

If, as a result of imperfect information, firms set their wage rates below the market clearing wage rate


◦ unemployment increases.
◦ there will be a surplus of workers.
◦ there will be a shortage of workers.
◦ there will be equilibrium in the labor market.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by sc00by25 on Apr 19, 2019

Fayaz00962

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Reply #1 on: Apr 19, 2019
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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sc00by25

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Reply #2 on: Apr 19, 2019
TY


Fayaz00962

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Reply #3 on: Apr 19, 2019
You're welcome


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