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Business, 25.07.2019 06:00 dianaparra826

The theory of efficiency wages explains why a. it may be in the best interest of firms to offer wages that are above the equilibrium level. b. setting wages at the equilibrium level may increase unemployment. c. it is efficient for firms to set wages at the equilibrium level. d. the most efficient way to pay workers is to pay them according to their skills.

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