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marginal productivity would set the market wage. Reverse negative productivity is absolute value positive increase in productivity. So, yes...wage would go up a
by 001sky 13y ago
marginal productivity would set the market wage. Reverse negative productivity is absolute value positive increase in productivity. So, yes...wage would go up absent the collusion...because people will pay out the nose to avoid the loss in productivity. This is why all of those CEOs get paid stupid money...because they can destroy value...not just because the "add it".