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Author Question: Suppose 10 of all workers are of high ability. If a firm knows a worker's ability, workers of low ... (Read 212 times)

Tazate

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on: Jul 1, 2018
Suppose 10 of all workers are of high ability. If a firm knows a worker's ability, workers of low ability are paid 20,000 and workers of high ability are paid 30,000. A college degree can signal ability, and the cost of the degree is 11,000. Will there be a pooling equilibrium or a separating equilibrium?
 
  What will be an ideal response?

Question 2

If an employer cannot distinguish the ability of workers a separating equilibrium will result.
 
  Indicate whether the statement is true or false
Microeconomics ¦ Perloff ¦ 8th Edition
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shaquita

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Tazate

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Reply #2 on: Jul 1, 2018
Thank you :)


shaquita

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Reply #3 on: Jul 1, 2018
Happy to help you


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