Which of the following is not true about specific training?
A) The wage is constant for both the incumbent firm and the spot market firm.
B) The initial wage of an individual has no relationship to the costs of training.
C) In the early stages of his career,a worker earns his MRP.
D) Late in her career,a worker still earns his MRP.
E) The training causes the MRP of the worker to increase for only the incumbent firm.
Correct Answer:
Verified
Q4: Which of the following is an industry-specific
Q5: If the training is general,who will pay
Q6: If there are turnover costs,for specific training
A)
Q7: Which of the following is an example
Q8: Suppose a worker can earn $25,000.He obtains
Q10: General training is:
A) training that raises a
Q11: What problem does turnover create for firm
Q12: Which of the following is not true
Q13: For training,a worker's starting wage depends on
Q14: For training,workers receive their MRPs during the
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