Because the efficiency wage is the equilibrium wage, it may lead to a of labor. below; surplus above; shortage below; shortage above; surplus

above; surplus

Explanation:

Because the efficiency wage is above the equilibrium wage, it may lead to a supply of labor.

Since the efficiency wage as given in th question is more than the equilibrium wages, this will lead to a surplus of labor as there will be more people that are willing to work due to the increase in wages. This will turn lead to increase in supply and this will lead to surplus of labor as supply is more than demand.

i'm pretty sure the answer is 60.

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.