Labor Economics
Labor Economics
7th Edition
ISBN: 9780078021886
Author: George J Borjas
Publisher: McGraw-Hill Education
Question
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Chapter 6, Problem 10P

(a)

To determine

The impact on OJT (On-the-Job Training) investment when the efficient unit of rental rate falls.

(b)

To determine

The impact on OJT (On-the-Job Training) investment when the discount rate increases.

(c)

To determine

The impact on OJT (On-the-Job Training) investment when retirement increased by the law.

(d)

To determine

The impact on OJT (On-the-Job Training) investment when technology obsolete.

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