/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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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