Implication of the efficiency wage theory for unemployment

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What is the implication of the efficiency wage theory for unemployment? In what way are piece rates, commissions, and royalties, profit sharing, and stock options substitutes for efficiency wages?

Reference no: EM13815539

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Implication of the efficiency wage theory for unemployment : What is the implication of the efficiency wage theory for unemployment? In what way are piece rates, commissions, and royalties, profit sharing, and stock options substitutes for efficiency wages?

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