The "efficiency wage" theory states that …
a. wages should be set with short-term contracts to allow for the maximum flexibility as market conditions change.
b. employers can motivate employees by paying them more than the prevailing wage.
c. wages should be set with long-term contracts to avoid inefficiencies associated with temporary changes in market conditions.
d. existing employees can keep their wages artificially high as compared to newer workers.

Experienced problem solvers always consider both the value and units of their answer to a problem. why?

An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.