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QUESTION
A. It increases the probability that a worker who shirks will be caught. Which of the following is a plausible explanation for a firm paying
A. It increases the probability that a worker who shirks will be caught. Which of the following is a plausible explanation for a firm paying aboveequilibrium wages to its workers? A. It increases the probability that a worker who shirks will be caught. B. It discourages workers from shirking. C. The true abilities of workers do not vary much from worker to worker. D. All of the above are correct.
