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QUESTION

A. Turnover means that firms occasionally fire workers to set an example for the other workers. 103. Which of the following is incorrect?

A. Turnover means that firms occasionally fire workers to set an example for the other workers. 103. Which of the following is incorrect? A. Turnover means that firms occasionally fire workers to set an example for the other workers. B. Workers are less likely to quit jobs if the firm is paying a high wage. C. Firms may find it profitable to pay wages above the equilibrium level in order to reduce quits. D. Paying high wages will create a surplus of workers.

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