Which of the Following Is Not an Example of Efficiency

question 106

Multiple Choice

Which of the following is not an example of efficiency wages?

• A)More productive workers are paid more to reflect their higher output.
• B)Higher wages induce higher output from workers.
• C)Better quality applicants apply for jobs that pay above-equilibrium wages.
• D)Workers are less likely to leave jobs that pay above-equilibrium wages.

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Definitions:

Increased Productivity

Refers to the efficiency of production within an organization, aiming for higher output with the same or fewer resources.

Fixed Hours

Refers to a traditional work schedule where employees work a set number of hours per day, typically 9 am to 5 pm, Monday through Friday.

Task Significance

The extent to which a job has a substantial impact on the lives or work of other people, either within the organization or externally.

Task Identity

The extent to which a task necessitates the finishing of a complete and recognizable body of work.