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How many lines up or down should I move the wage line to reflect the situation? an works at an iron smelter in Pittsburgh, the

How many lines up or down should I move the wage line to reflect the situation?

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an works at an iron smelter in Pittsburgh, the center of iron production in America. Due to the difficulty in measuring the productivity of individual employees, Ian's employer as well as the other iron smelters all pay an efficiency wage. Adjust the wage line on the graph to reflect this situation. What characteristic of efficiency-wage jobs is not Wage Wage ($ per hour) supported by the situation shown in the graph? O Efficiency wage jobs result in a surplus of workers at the wage being offered. O Elevated wages serve as an economic incentive to work harder. . The wage rate will eventually return to the market-clearing level. Efficiency wages result in an increase in the rate Quantity of workers (in thousands) of unemployment

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