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In the nested CES production function approach used in Borjas (2003) the elasticity of substition between labour of different education levels. A   cannot differ between native and foreign workers B   can differ between different experience levels C   cannot differ between different experience levels D   can differ between native and foreign workers

In the nested CES production function approach used in Borjas (2003) the elasticity of substition between labour of different education levels. A   cannot differ between native and foreign workers B   can differ between different experience levels C   cannot differ between different experience levels D   can differ between native and foreign workers

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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In the nested CES production function approach used in Borjas (2003) the elasticity of substition between labour of different education levels.

A  

cannot differ between native and foreign workers
B  

can differ between different experience levels
C  

cannot differ between different experience levels
D  

can differ between native and foreign workers
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