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

Question

Quizplus · Accepted Answer

The prediction that workers will pursue additional training only if the expected rewards of such training exceed the costs of the training, including opportunity costs, is based on the cost-benefit principle. The cost-benefit principle holds that individuals will only engage in a particular action if the benefits of that action exceed the costs. This involves weighing both the direct costs and the opportunity costs of the action being considered.

The Prediction That Workers Obtain Additional Training Only When the Rewards