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In the 2-period model, when on-the-job training is firm-specific, 3 The benefit of the training will go to the worker and the cost will go to the firm. a) The cost of the training will go to the worker and the benefit will go to the firm. b) The worker and firm will share the benefit and cost of training. c) The benefit will occur in the first period and the cost will occur in the second period.

In the 2-period model, when on-the-job training is firm-specific, 3 The benefit of the training will go to the worker and the cost will go to the firm. a) The cost of the training will go to the worker and the benefit will go to the firm. b) The worker and firm will share the benefit and cost of training. c) The benefit will occur in the first period and the cost will occur in the second period.

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In the 2-period model, when on-the-job training is firm-specific, 3 The benefit of the training will go to the worker and the cost will go to the firm.

a) The cost of the training will go to the worker and the benefit will go to the firm.

b) The worker and firm will share the benefit and cost of training.

c) The benefit will occur in the first period and the cost will occur in the second period.

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