Which of the following statements is true?

A) Firm-specific training results in losses to a worker.
B) Firm-specific training results in losses to a worker's employer.
C) A worker is more likely to pay for firm-specific training than for general training.
D) A worker is more likely to pay for general training than for firm-specific training.

D

Economics

You might also like to view...

What are the differences and similarities between a depreciation and devaluation of a currency?

What will be an ideal response?

Economics

Refer to Figure 8.2. As the competitive industry, not just the firm in question, moves toward long-run equilibrium, what will the price be?

A) $60 B) $64 C) $70 D) $71 E) $80

Economics