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MrsAngelD MrsAngelD
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6 years ago
The cost, c, of a college education that serves only as a signal of a high-quality worker is $20,000. The wage of a known high-quality worker, wh, is $75,000. The wage for a known low-quality worker, w1, is $50,000. For what value of the share of the work force that is of high quality, t, is a pooling equilibrium possible?
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Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


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

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MrsAngelD Author
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6 years ago
Thanks for your help!!
mambah4
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Yesterday
Helped a lot
Brownr40
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2 hours ago
this is exactly what I needed
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