This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose 10 of all workers are of high ability. If a firm knows a worker's ability, workers of low ... (Read 190 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
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.
Answer Preview
Only 50% of students answer this correctly


Tazate

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: Jul 1, 2018
Thank you :)


shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

A very high-resolution texture of the planet Mars A very high-resolution texture of the planet Mars
Increasing Separation of Masters and Workers Increasing Separation of Masters and Workers
Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010 Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010
Possible Sources of Differences in Output per Worker Possible Sources of Differences in Output per Worker
Role of Factors of Production in Determining Output per Worker, 2009 Role of Factors of Production in Determining Output per Worker, 2009
Ratio of College Wages to High-School Wages Ratio of College Wages to High-School Wages
Video: Parathyroid hormone (bone resorption) & Calcitonin (bone deposition)

For a complete list of videos, visit our video library