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.
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Answer:
I believe it is presidential Democracy due to the fact the citizens elect the ruler/president.
Explanation:
Answer: they just saw a person and thought wow not bad
Explanation:
He is venturing out trying new things which most teens do. I am not sure if he’s sexually active, but I know he is interested in a lot of new things. I would not fully say he has not done anything wrong, all I can say is he is just curious.
The Aztec empire was taken by the Spaniards