Why some workers are paid above the equilibrium wage

Assignment Help Econometrics

Reference no: EM131104063

Which of the following is not a reason why some workers are paid above the equilibrium wage?

a. minimum-wage laws

b. beauty

c. unions

d. efficiency wages

Reference no: EM131104063

Questions Cloud

Ultimatum bargaining game : Consider the following ultimatum bargaining game. There is 1 unit of a good and player 1 offers a split (x, 1 - x), where x ∈ [0, 1] is chosen by player 1. Player 2 accepts the offer (Y ) or refuses it (N ). If player 2 accepts the offer, then player..

Compensating balances suppose that dynamic sofa : b. Suppose that Dynamic's bank offers to forget about the compensating balance require- ment if the firm pays interest at a rate of 12 percent. Should the firm accept this offer? Why or why not?

What means are available to you to collect this data : What do you see as the most likely sources for crime and intelligence data? What means are available to you to collect this data?

What would be the effect of the error on the balance sheet : If the $3,900 cost of a new microcomputer and printer purchased for office use were recorded as a debit to Purchases, what would be the effect of the error on the balance sheet and income statement in the period in which the error was made?

Why some workers are paid above the equilibrium wage : Which of the following is not a reason why some workers are paid above the equilibrium wage?

Past returns and of inflationary expectations : on the basis of analysis of past returns and of inflationary expectations,Marta Gomez feels that the expected return on stocks in general is 12 percent.

Who has priority to the collateral : Metro claims that at the time of its loan it was unaware of HFCs interest. Between these parties, who has priority to the collateral? Discuss your answer. This portion of your assignment should be 1/2-1 page in length.

Determining the backward induction : Assume that if a player is indifferent between accepting or rejecting a division, then the player always accepts the division. Using backward induction, the prediction is that

Develop a probability distribution : In Gallup's Annual Consumption Habits Poll, telephone interviews were conducted for a random sample of 1014 adults aged 18 and over. One of the questions was "How many cups of coffee, if any, do you drink on an average day?" The following table sh..

User Account

All Pages