Which of the following research findings would support an efficiency wage explanation of pay differentials?
A) Firms with higher turnover costs pay lower than average wages
B) Firms with higher costs of detecting shirking pay higher than average wages
C) Pay is positively correlated with human capital investments in a given industry
D) Differences in observable worker characteristics explain most of the variance in pay across industries
Correct Answer:
Verified
Q1: refer to the following diagram Q2: In 2010,hourly pay (measured in U.S.dollars)was highest Q3: refer to the diagram below, which represents Q5: Of the following industries,2011 average hourly earnings Q6: Of the following occupational groups,2011 average hourly Q7: If job X pays more than identical Q8: Heterogeneous jobs are those that: Q9: refer to the diagram below, which represents Q10: Lower-paid workers often seem to have less Q11: Suppose all workers are identical but working
A)pay identical wages
B)have
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