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MrsAngelD MrsAngelD
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Posts: 322
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6 years ago
In a company, if high-ability workers get paid $80,000, while low-ability workers get paid $50,000, the education (MBA) that can qualify the workers as high-ability ones cost $20,000. What's the highest share of high-ability workers to get a separating equilibrium?
A) 1/4
B) 1/3
C) 1/2
D) 1
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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unExpectedunExpected
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Posts: 267
6 years ago
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* Majoring in business & math

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MrsAngelD Author
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6 years ago
You make an excellent tutor!
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This helped my grade so much Perfect
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