Which of the Following Is a Likely Result of fiRms

question 204

Multiple Choice

Which of the following is a likely result of firms paying efficiency wages?

• A) lesser work effort
• B) a lower wage rate
• C) increased job turnover
• D) reduced supervision costs

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Definitions:

Preconventional Morality

First level of Kohlberg’s theory of moral reasoning in which control is external and rules are obeyed in order to gain rewards or avoid punishment or out of self-interest.

Authoritarian Morality

A set of moral principles that emphasizes obedience to authority, often without questioning the moral correctness of the authority's decrees.

Self-Efficacy

Sense of one’s capability to master challenges and achieve goals.

SAT

A standardized test widely used for college admissions in the United States.