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Author Question: If all firms pay an efficiency wage, then A) there is no cost to shirking because the shirking ... (Read 209 times)

folubunmi

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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
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swimkari

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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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folubunmi

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

at

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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