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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Yes, this is true!
Nuclean plants need to be kept at a relatively low temperature, which means that they need a lot of cooling. The most widely used cooling technique is water circulation (similar to central heating system) and this is why a lot of water is used.
Answer:
subatomic particles, protons and neutrons
Explanation:
the nucleus contains two types of subatomic particles which it protons and neutrons.
<span>B) Most victims of famine are middle-class inhabitants of urban areas.
Famine is a widespread scarcity of food, this is the only answer that makes sense. </span>
