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Briefly explain the four rationales for efficiency wages.
Motivation
The internal and external processes that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject.
Decision Making
The cognitive process of selecting a course of action from among multiple alternatives.
Aggression
Behavior aimed at causing harm or injury to others, driven by various factors including biological, psychological, and environmental influences.
Anhedonia
A condition characterized by a diminished ability to experience pleasure or interest in previously enjoyable activities.
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