Question: According to the efficiency wage model, what is the main incentive for the firms to pay wages above the market clearing level? Select one or

According to the efficiency wage model, what is the main incentive for the firms to pay wages above the market clearing level?

Select one or more:

a.To prevent workers from shirking

b.To prevent existing workers from looking for other jobs

c.To attract better workers

d.To prevent workers from going on strike

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