What problem does turnover create for firm specific training?
A) Human capital is destroyed if the worker quits the firm.
B) The worker pays more for human capital than is efficient.
C) The workers are underpaid to correct a market inefficiency.
D) Firms underinvest in human capital.
E) Turnover does not cause a problem because of contracts.
Correct Answer:
Verified
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
Q9: Which of the following is not true
Q10: General training is:
A) training that raises a
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
Q15: Suppose labor is perfectly competitive and there
Q16: If the training is firm specific,who will
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