Efficiency wages may cause a <u>surplus</u> of labor because they are <u>above</u> the equilibrium wage.
The efficiency wage is higher than the equilibrium wage, which might result in a labor supply.
Since the efficiency wage in question is higher than equilibrium wages, there will be a labor surplus since more individuals will be eager to work as a result of the wage rise. Due to the fact that supply is more than demand, this will result in a rise in supply and an excess of labor.
There is a labor surplus in the sense that a sizeable segment of the work force produces less than it consumes and its marginal product is below the wage agreed upon via negotiation.
To learn more about equilibrium wages
brainly.com/question/14718127
#SPJ4
Publicly traded companies are required to provide quarterly financial reports directly to the public - False
<h3><u>
Explanation:</u></h3>
A publicly traded company is the company in which the ownership is determined by the shares that can be traded freely through the over the counter markets or through stock exchanges. When a company is decided to be traded publicly, then it added to the list of the public company on the stock exchanges so that it can be easy for the other companies for trading the shares.
The accounts of the publicly traded companies are audited by the outside auditors. These reports will be presented to the shareholders once in a year. It is mandatory in U.S, to present the financial reports of the publicly traded companies to be presented to the major shareholders once in every financial year.
Treating all rival or disputants fair and nice
Answer:
The literature on the consequences of the Reformation shows a variety of short- and long-run effects, including Protestant-Catholic differences in human capital, economic development, competition in media markets, political economy, and anti-Semitism, among others.
