Solved: You observe that employment in certain industries has not, Business Economics

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You observe that employment in certain industries has not

Firm-specific training.

a. You observe that employment in certain industries has not fallen despite the recent economic downturn. How might our discussion of firm-specific training explain this phenomenon?

b. Give a brief intuitive explanation for why a worker would be unwilling to bear the full cost of firm-specific training.

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Business Economics: You observe that employment in certain industries has not

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