Refer to Scenario 17.5. If a fixed wage of $3000 is given the individu

Refer to Scenario 17.5. If a fixed wage of $3000 is given the individual worker, the result will be

A) low effort 75% of the time.
B) low effort 25% of the time.
C) low effort.
D) high effort.
E) high or low effort depending on whether the worker thinks the $3000 is an acceptable wage.

ANSWER

C