Which of the Following Statements Concerning Efficiency Wages Is False

question 9

Multiple Choice

Which of the following statements concerning efficiency wages is false?

• A) Efficiency wage premiums are obtained through union power.
• B) The efficiency wage is greater than the competitive, market clearing wage.
• C) An efficiency wage is designed to incite more efficient labour from the worker.
• D) Efficiency wage premiums are paid voluntarily by employers without pressure from the workers.
• E) Efficiency wages are sometimes used to support industrial policies

---

Definitions:

Chemical Bases

Substances that can accept hydrogen ions in solution, often characterized by the presence of a hydroxide ion.

DNA

DNA, short for Deoxyribonucleic Acid, houses the genetic guidelines necessary for the growth, development, functioning, and reproduction of all known life forms and a variety of viruses.

Recipe

A set of instructions for preparing a specific food dish, including a list of ingredients and the method of preparation.

Darwin's Theory

Refers to Charles Darwin's proposal of natural selection as the mechanism for evolution, explaining how species adapt and change over time.