According to Efficiency Wage Theory,a Firm That Raises Wages by One

question 65

Multiple Choice

According to efficiency wage theory,a firm that raises wages by one percent will actually lower the labor cost per unit of output if the wage increase

• A)raises output per worker by more than one percent.
• B)raises output per worker by less than one percent.
• C)does not change output per worker.
• D)lowers output per worker by less than one percent.

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