Using an Efficiency Wage Theory,why Do Some Individuals Earn More

question 134

Multiple Choice

Using an efficiency wage theory,why do some individuals earn more than the market equilibrium wage?

• A) Workers who earn more are those who are more productive.
• B) Workers need to earn more to be willing to accept dangerous working conditions.
• C) Workers need to earn more to be willing to accept a safe indoor job.
• D) Workers who are more educated and better trained are able to earn more than the equilibrium wage.
• E) Workers who earn more tend to be concentrated in a single occupation.

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Definitions:

Epi-

A prefix meaning 'upon', 'on', 'over', 'near', or 'at', often used in medical and scientific terminology to denote position or relationship.

Onc/o

A prefix in medical terminology denoting relation to tumors or cancer.

Combining Form

A form used in the construction of medical and scientific terminology, typically a root with a vowel at the end that allows it to be connected to other terms.

Tumor

An abnormal mass of tissue that forms when cells grow and divide more than they should or do not die when they should.