Efficiency-wage theory suggests that paying a. high wages might be profitable because they lower the efficiency of a firm’s workers. b. high wages might be profitable because they raise the efficiency of a firm’s workers. c. low wages might be profitable because they raise the efficiency of a firm’s workers. d. low wages might be profitable because they lower the efficiency of a firm’s workers.

Answers

Answer 1

Answer:

Answer: Option B

Explanation: In simple words, efficiency theory states that direct monetary benefit is the best motivator for the worker and if the employer pays high wage then the worker will definitely work more efficiently.

It further states that higher wage will be covered by the extra benefit that the worker will provide with his or her performance.

Thus, the correct option is B.

Related Questions

Which of the following is not a pathway to paternity? Select one:a. marriage b. AOP Legal Document c. None of the above
Which of the following is an accurate description of trends in the banking industry over the last thirty years? A. Fewer people use banking services. B. Banks have become more decentralized. C. Banking has been unaffected by occasional recessions. D. Medium-sized banks have merged to become large banks.
You decide to work in japan for the next 10 years, accumulate some savings, then move back to the united states and convert your savings from yen to dollars. at the time of your move, economists predict that consumers in the united states have reignited their love of japanese products, especially hybrid cars, and expect that this strong preference for japanese products will continue for the next decade. how should this influence your decision to work and save in japan?
Economists are concerned with an individual's wants because 1. wants always lead to shortages in the economy. 2. needs because economists define needs to be the goods people need to survive. 3. wants because the existence of wants leads to scarcity. 4. needs because needs are most important to an individual's well being.
Why do public relations campaigns fail?

According to the output effect of a factor price increase, the demand forA) the factor whose price has increased will decrease, but the demand for the other factors
will increase.
B) all factors decreases.
C) all factors increases.
D) the factor whose price has increased will increase, but the demand for the other factors
will decrease.

Answers

Answer:

A) the factor whose price has increased will decrease, but the demand for the other factors

Explanation:

The production of goods and services in an economy comes from the combination of factors of production, for example labor and machinery. When the price of one of the factors of production increases, the quantity demanded by that factor will decrease, since there will be a rearrangement in production to alter the necessary composition between the factors in the production of a good. In other words, one factor will be replaced by another as much as possible.

For example, if the shoe production uses 2 machines and 10 workers. If the price of labor increases, the company may invest in buying one more machine and reducing the number of workers to 5.

What does human rights mean to you

Answers

where all people is equal and that they don't have to be different race.

human rights means we have the right to our freedom even though it may be limited at times. We should still do as we please and look how we want and worship who we choose.

which of the following would be covered by trademark? a. an advertising slogan b. a formula for new medication c. a song d. software e. a movie

Answers

Answer: software

Explanation: because that is what i picked for the last test i had and they said it was correct. now if its wrong they most likely did the test wrong in some type of way or fashion. or there are more answers for the same question. so sorry if its wrong!!!!!

Final answer:

In the context of trademarks, items such as an advertising slogan, a song, software, and a movie can be covered by trademark. However, a formula for a new medication would not be covered by trademark.

Explanation:

In the context of trademarks, the following items would be covered:

An advertising slogan: Trademarks can protect catchy phrases or slogans that are used to promote a product or service.
A song: If a song is used as a distinctive identifier for a product or service, it can be protected by trademark.
Software: Trademarks can be used to protect the name or logo associated with a software product.
A movie: If a movie title or logo is used to identify and distinguish the movie from others, it can be protected by trademark.

However, a formula for a new medication would not be covered by trademark. Instead, formulas for medications are typically protected by patents.

Learn more about trademark coverage here:

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At the end of a heated conversation in the boardroom, Quentin shouted at his colleague, Mitt, "You need to check your bias at the door!" What did Mitt MOST likely say to deserve this response? Question 4 options: "I have no idea how to solve any of these complicated problems!" "I think all of our employees should have to work longer hours!" "There has to be a way to ship our goods to China more efficiently!" "There is no way a person who went to Ohio State can work here!"

Answers

Explanation:

Based on Quentin's response, it is most likely that Mitt made a biased or discriminatory statement. The option "There is no way a person who went to Ohio State can work here!" seems to be the most likely statement to provoke such a response because it reflects a prejudiced attitude based on educational background.

Stealth bank holds deposits of $600 million. It holds reserves of $30 million and government bonds worth $80 million. The current market value of the bank's loans is $400 million. What is the value of the bank’s total liabilities? A. $600 million
B. $110 million
C. $200 million
D. $90 million

Answers

Answer:

A.$600 million

Explanation:

Deposits are always banks liabilities as the bank is custodian of funds on behalf of its clients.

Answer:

Explanation:

Bank Deposit (Liability )= $600m

Reserve (Asset) = $30m

Government bond (Asset)=$80m

Bank Loan (Asset) = $400m

Total Asset = $(30+80+400)=$510m

Total liabilities = $m(600-510) = $90m

What is the difference between economy and economics

Answers

Basically, economics is the study of an economy, i.e. its structure, condition, working, performance, issues, remedies, etc. ... On the other hand, an economy indicates a region, a particular area or country, concerning production, distribution, consumption, and exchange of goods and services, and supply of money.

Answer:

economy:

the relationship between production, trade and the supply of money in a particular country or region.

economic:Economics is a science that studies economies and develops possible models for their functioning

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An example of opportunity cost:a. Is sweets given up by a person who would never eat them even if he or she could.b. Is the chinese food that you gave up when you chose to eat italian food.c. Is the amount spent on buying movie tickets.d. For a professor of economics is the pleasure that he or she derives from teaching economics.e. Is the tuition that you pay to attend college.

A stockbroker trades shares she does not own with an obligation of later repayment, and in the hope that the price of traded shares will fall. She then repays share debt with shares purchased at a lower price and pockets the spread between initial share price and repayment price. This attempt to profit from a falling stock price is known as _____. a. insider trading churning b. arbitrage trading c. short selling d. going long

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