Posted: February 7th, 2022

What does marginal revenue product have to do with pay?

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Answer these questions with at least 2 resources.

3. What does marginal revenue product have to do with pay?

4. What pay level does the efficiency wage predict?

Does the theory accurately predict organization behavior? Why or why not?

5. What is a relevant market? What difference does it make when determining people’s pay?
Requirements: explanation and resources

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