A university graduate who works at a firm is also working part-time on a master's degree in business and expects to be paid a higher wage after earning the degree.The basic reason for this wage differential is

Question

Quizplus · Accepted Answer

The wage differential is due to investment in human capital, as the individual is increasing their level of education and skills through the pursuit of a master's degree in business, which is expected to lead to higher pay in the future.

A University Graduate Who Works at a Firm Is Also