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
Answer: please type in the choices to choose from
Explanation:
Paragraph 1. I believe that Mathew farmer stole the tools the most reliable peice of evidence that I used to determine the awnser is Anthony's diary.I think the evidence is the most reliable because diary I really arnt meant to be read by anyone but yourself so why would he lie in his own diary. I learned from the source that Mathews dad had gotten injured resentally and in that period in time there was a drought which caused people to fall on hard times. In that time farm tools had become expensive because people needed them to provide food for there families. The type of source that was used was a diary. The purpose of this source /or how it was created/ was for the use of a personal diary for will Anthony. This source is primary because it was made before the scene of the crime.
Paragraph 2.
The least reliable peice of evidence presented in the case was the photograph made in 2010. The photo showed and image of Mathew farmer outside the shop the night of the crime. The reason i think this evidence is lease reliable is that it was made in 2012 which makes it a secondary source made hundreds of years later so there could be no real evidence to that photograph. The purpose of the photo was to show what might of happend the night of the crime. The source is also a secondary source because it was made by a secondary source not an eye witness.
Answer:
C. Draw conclusion based on the given information.