83. Noah, the owner of an electronics factory, decides to raise the wages of his workers even though he faces an excess supply of labor. His decision a. might increase profits if it attracts a better pool of workers to apply for his firm’s jobs. b. will increase the excess supply of c. may increase the quality of his work force. d. All of the are correct. 84. According to the theory of efficiency if a firm paying efficiency wages it is likely to see stops a. an increase in the number of job applicants and an increase in how long workers stay on the job b. an increase in the number of job applicants and a decrease in how long workers stay on the job c. a decrease in the number of job applicants and an increase in how long workers stay on the job d. a decrease in the number of job applicants and a decrease in how long workers stay on the job
83. Noah, the owner of an electronics factory, decides to raise the wages of his workers even though he faces an excess supply of labor. His decision a. might increase profits if it attracts a better pool of workers to apply for his firm’s jobs. b. will increase the excess supply of c. may increase the quality of his work force. d. All of the are correct. 84. According to the theory of efficiency if a firm stops paying efficiency wages it is likely to see a. an increase in the number of job applicants and an increase in how long workers stay on the job b. an increase in the number of job applicants and a decrease in how long workers stay on the job c. a decrease in the number of job applicants and an increase in how long workers stay on the job d. a decrease in the number of job applicants and a decrease in how long workers stay on the job
Questions%20on%20Unemployment.docx