A company successfully implements a strategy to increase its price markup over its production costs. Assuming the nominal wage it pays its workers and their average output per hour remain unchanged, this action will lead to an increase in the real wage for its employees.
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A company successfully implements a strategy to increase its price markup over its production costs. Assuming the nominal wage it pays its workers and their average output per hour remain unchanged, this action will lead to an increase in the real wage for its employees.