Question: Question 34 {1.25 points) Why does the theory of efficiency wages predict above-equilibrium wages? O employers give their workers a higher wage in the hope

 Question 34 {1.25 points) Why does the theory of efficiency wages

Question 34 {1.25 points) Why does the theory of efficiency wages predict above-equilibrium wages? O employers give their workers a higher wage in the hope that it will lead to increased productivity 0 workers get an increase in wage when they prove they are increasing their productivity 0 employers are forced to pay higher wages in efficient markets 0 workers demand higher wages to compensate for poor fringe benefits

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