Q1-3) From the employers' perspective, while the employees are working remotely, does figure 6.6 change, or not? [10/40]

21:33 1/288(*) " @ 18% Final Quiz 0 0 Q . . . MS BASE (X XO 12 B I U A.. A Lower cost of effort (but infeasible) Minimum feasible cost Worker's best response curve 0. Higher cost of effort Effort per hour, e 0.5 MRS = MRT 0 10 12 Reservation wage Hourly wage, w ($) Figure 6.6 The employer sets the wage to minimize the cost of effort. B U N A 9 O - . DO a W e U O p X a # + a S d h k = 4 . - . V Z X C V b n m .?123