Which statement is false?
a. a society accepts minimum wage laws as a method of determining wages.
b. the market value of a good determines wages.
c. the quality of a good determines wages.
d. employee productivity determines wages,
e. the price floor determines the minimum wage.

employee productivity determines wages is the false statement  ( D )

Explanation:

Employee productivity is the rate of productive work been put in by employees of labor in achieving the objectives of the company and also in completing specific tasks been given to them.

there is no agreement in Economic theory on how employee productivity determine wages hence it is the false statement in the options given, but minimum wage laws are been enacted into law by Government and accepted by the society as a method of determining wages

the price floor determines the minimum wage by considering the market value and quality of a good

hence since the employee productivity cant be used to determine/make laws regarding minimum wage laws by the Government then employee productivity determines wages is a false statement

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