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Jaylonwhite97 Jaylonwhite97
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5 years ago
The wage of a known high-quality worker, wh, is $10,000. The wage for a known low-quality worker, wl, is $4,000. The share of the work force that is of high quality, s, is 0.5. For what value of the cost, c, of a college education that serves only as a signal of a high-quality worker does a pooling equilibrium exist?
A) c > $3,000
B) c < $3,000
C) c < $1,000
D) c = $2,500
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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brady_ferguson6brady_ferguson6
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5 years ago
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Jaylonwhite97 Author
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5 years ago
Brilliant ツ
larrybrads
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Yesterday
this is exactly what I needed
aznzergs
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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