Adam Smith would have agreed mostly along with the concept which wages are: (i) positively associated to physical comfort when working. (ii) negatively related to the cost of learning the business. (iii) positively associated to the stability of employment. (iv) negatively associated to the trust that should be placed within the employee. (v) negatively associated to the probability of success in an work.
Hello guys I want your advice. Please recommend some views for above economics problems.