Which of the Following Is Not a Reason That Paying

question 16

Multiple Choice

Which of the following is not a reason that paying efficiency wages may increase a firm's profit?

• A)Efficiency wages increase worker health and therefore increase worker productivity.
• B)Efficiency wages decrease worker turnover and therefore decrease hiring and training costs.
• C)Efficiency wages decrease worker shirking and therefore increase worker productivity.
• D)Efficiency wages are below the equilibrium wage rate but still attract a sufficient number of workers.

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Definitions:

Sustainable Growth

Sustainable Growth refers to the rate at which a company can grow its sales, profits, and value without running into financial difficulties, while also considering its environmental and social impact.

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The overall perception and satisfaction of a customer resulting from the cumulative interactions with a brand, product, or service.

Prospective Buyers

Potential customers who have expressed interest in a product or service and may potentially make a purchase in the future.

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A customer's satisfactory and rewarding interaction with a business, product, or service, encompassing ease of purchase, quality of service, and overall fulfillment of customer needs.