Answer:
D. They all have a definite shape
i have a quiz with that question and i got it right
Charter Colony (so called because the document given to the company by the English King was called a charter)
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
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Well its <span>a dark area or shape produced by a body coming between rays of light and a surface.</span>