Pearson eText Microeconomics -- Access Card
Pearson eText Microeconomics -- Access Card
2nd Edition
ISBN: 9780136849513
Author: Acemoglu, Daron, Laibson, David, List, John
Publisher: PEARSON
Question
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Chapter 16, Problem 5P

(i)

To determine

Reason why extraordinary people will choose to go to college while capable people do not.

(ii)

To determine

Reason for paying high school graduates $12,000 and college graduates $15,000.

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