/hich of the following regarding "education as a signaling device" is correct? Higher educated workers have higher productivity. The role of education in this model is only used as a filter, which has no effect on worker's productivity. Higher educated workers may have higher marginal costs to obtain education. Lower educated workers may have lower marginal costs to obtain education.
/hich of the following regarding "education as a signaling device" is correct? Higher educated workers have higher productivity. The role of education in this model is only used as a filter, which has no effect on worker's productivity. Higher educated workers may have higher marginal costs to obtain education. Lower educated workers may have lower marginal costs to obtain education.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
ChapterP3: Market Structure
Section: Chapter Questions
Problem 11KC
Related questions
Question
14
![Which of the following regarding "education as a signaling device" is correct?
Higher educated workers have higher productivity.
The role of education in this model is only used as a filter, which has no effect on
worker's productivity.
Higher educated workers may have higher marginal costs to obtain education.
Lower educated workers may have lower marginal costs to obtain education.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F44587f3d-ca41-4c65-886b-ad0f5f7ddff6%2Fb6bdf1dc-6aa3-4456-b175-910931819414%2Fd00ej3i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following regarding "education as a signaling device" is correct?
Higher educated workers have higher productivity.
The role of education in this model is only used as a filter, which has no effect on
worker's productivity.
Higher educated workers may have higher marginal costs to obtain education.
Lower educated workers may have lower marginal costs to obtain education.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Micro Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613064/9781337613064_smallCoverImage.gif)
![Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613040/9781337613040_smallCoverImage.gif)
![Survey Of Economics](https://www.bartleby.com/isbn_cover_images/9781337111522/9781337111522_smallCoverImage.gif)
![Micro Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613064/9781337613064_smallCoverImage.gif)
![Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613040/9781337613040_smallCoverImage.gif)
![Survey Of Economics](https://www.bartleby.com/isbn_cover_images/9781337111522/9781337111522_smallCoverImage.gif)
![Survey of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305260948/9781305260948_smallCoverImage.gif)
Survey of Economics (MindTap Course List)
Economics
ISBN:
9781305260948
Author:
Irvin B. Tucker
Publisher:
Cengage Learning
![Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781337617383/9781337617383_smallCoverImage.gif)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
![Microeconomics](https://www.bartleby.com/isbn_cover_images/9781337617406/9781337617406_smallCoverImage.gif)