Business, 24.06.2020 19:01, coreyslotte

The efficiency wage is: A. an amount equal to or just above the minimum wage. B. an amount that maximizes effort or efficiency per dollar of real wages. C. the equilibrium wage rate determined in competitive labor markets. D. an amount that maximizes effort or efficiency per dollar of money wages.

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The efficiency wage is: A. an amount equal to or just above the minimum wage. B. an amount that maxi...