Which of the Following Sets of Circumstances Is Likely to Provide

question 306

Multiple Choice

Which of the following sets of circumstances is likely to provide the best evidence in support of the theory of efficiency wages?

• A)Workers in the market are unskilled and not represented by a union, and their wage exceeds both the equilibrium wage and the minimum wage.
• B)Workers in the market are highly skilled and not represented by a union, and their wage exceeds the minimum wage.
• C)Workers in the market are highly skilled and represented by a union, and their wage exceeds the equilibrium wage.
• D)Employers in the market are known for reducing the workers' wage whenever they get an opportunity to do so.

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Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, triggers a conditioned response.

Electric Can Opener

A kitchen appliance designed to remove the lid from a metal can by using an electric motor to power a cutting mechanism.

Cat Food

Nutritional feed specifically formulated to meet the dietary requirements of cats.

Conditioned Stimulus

A formerly indifferent stimulus that, after association with an unconditioned stimulus, triggers a conditioned response over time.