For training,a worker's starting wage depends on the costs of training.For training,a worker's wage does not depend on the costs of training.

Question

Quizplus · Accepted Answer

General training increases a worker's productivity across various firms, so the worker's starting wage reflects the cost of training. Specific training increases productivity only at the current firm, so the wage does not depend on training costs.

For Training,a Worker's Starting Wage Depends on the Costs of Training.For