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Acceptance wage - PowerPoint PPT Presentation

the wage at Ajax will be higher than at Acme the wage at Ajax will be lower than at Acme

Suppose all workers are identical but working for Ajax is more pleasant than working for Acme. In all other non-wage respects the two firms offer the same job characteristics. In equilibrium:. the wage at Ajax will be higher than at Acme the wage at Ajax will be lower than at Acme

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Acceptance wage - PowerPoint PPT Presentation

the wage at Ajax will be higher than at Acme the wage at Ajax will be lower than at Acme