Juanita Decides to Hire Some Additional Workers for Her Vinyl

question 402

Multiple Choice

Juanita decides to hire some additional workers for her vinyl siding factory. The equilibrium wage is $14 per hour. Efficiency wage theory suggests that it is reasonable for Juanita to offer

• A)$14 per hour.
• B)less than $14 per hour, since some people would be willing to work for less.
• C)less than $14 an hour to prevent shirking.
• D)more than $14 per hour, so as to attract a better pool of applicants.

---

Definitions:

Skill Requirements

The specific competencies and abilities necessary for performing a job or task successfully.

Staffing Strategy

An approach or plan for securing, developing, and retaining a workforce that is capable of fulfilling an organization's objectives and needs.

Affirmative Action Programs

Initiatives designed to promote increased representation of underrepresented groups in areas of employment, education, and business.

U.S. Census Bureau

is a federal agency responsible for collecting, analyzing, and publishing statistical data about the U.S. population, economy, and society.