how-does-opportunity-cost-influence-a-workers-decision-to-stay-in-a-job-with-an-

Question

How does opportunity cost influence a worker's decision to stay in a job with an efficiency wage?

Accepted Answer

Higher opportunity cost of leaving encourages workers to stay.

Answer

Lower opportunity cost of leaving encourages workers to stay.

Answer

Opportunity cost only affects decisions in low-wage jobs.

Answer

Opportunity cost is irrelevant in this decision.