The prediction that workers obtain additional training only when the rewards from the training are expected to exceed the costs of the training (including the opportunity costs) is based on the:

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The prediction that workers obtain additional training only when the rewards from the training are expected to exceed the costs of the training is based on the cost-benefit principle, which involves comparing the benefits of an action to the costs of taking that action. This principle is often used to explain why individuals make certain decisions, including decisions relating to training and education.

The Prediction That Workers Obtain Additional Training Only When the Rewards