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BrendanOO7 BrendanOO7
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6 years ago
If a worker incurs the entire cost of general training, and if mobility costs are low, then we would expect that the employee's wage will be
A) equal to his or her marginal revenue product of labor.
B) greater than his or her marginal revenue product of labor, due to the training received.
C) less than his or her marginal revenue product of labor, to pay for the cost of the training received.
D) either greater or less than his or her marginal revenue product of labor.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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ShadiasShadias
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