Return to the case of education and the job market from the previous question. Which condition would be consistent with both types' obtaining an education in equilibrium?
A)cH

Question

Return to the case of education and the job market from the previous question. Which condition would be consistent with both types' obtaining an education in equilibrium?
A)cH < w < cL.
B)cL < w < cH.
C)cH < cL < w.
D)w < cL < cH.

Quizplus · Accepted Answer

The Answer of Return to the case of education and the job market from the previous question. Which condition would be consistent with both types' obtaining an education in equilibrium?
A)cH < w < cL.
B)cL < w < cH.
C)cH < cL < w.
D)w < cL < cH.

Return to the Case of Education and the Job Market