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book Economics 12th Edition by William Baumol, Alan S Blinder cover

Economics 12th Edition by William Baumol, Alan S Blinder

Edition 12ISBN: 978-0538453691
book Economics 12th Edition by William Baumol, Alan S Blinder cover

Economics 12th Edition by William Baumol, Alan S Blinder

Edition 12ISBN: 978-0538453691
Exercise 10
College professors are highly skilled (or at least highly educated!) laborers, yet their wages are not very high. Is this a refutation of the marginal productivity theory
Explanation
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Highly skilled labor gets higher salary ...

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Economics 12th Edition by William Baumol, Alan S Blinder
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