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Dan Harper decides to hire some additional workers for his golf-ball factory. The equilibrium wage is $15 per hour. Efficiency wage theory suggests that it
Dan Harper decides to hire some additional workers for his golf-ball factory. The equilibrium wage is $15 per hour. Efficiency wage theory suggests that it is reasonable for Dan to offer Question 93 options: $15 per hour. less than $15 per hour, since some people would be willing to work for less. less than $15 an hour to make up for the loss from shirking. more than $15 per hour, so as to attract a better pool of applicants
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