Reservation utility or reservation wage

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Reference no: EM131379942

If a prospective employee is not offered his/her reservation utility or reservation wage, then he/she will

A. tend to look for another job or withdraw from the labor market.

B. seek a larger fringe benefit package.

C. use the job as the basis for a career, assuming that wages will increase beyond the marginal revenue product over time.

D. accept the job because a wage below the reservation utility is very attractive.

Reference no: EM131379942

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