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Scenario 17.1 Consider the Information Below

Question 20

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Scenario 17.1
Consider the information below:
For Group A the cost of attaining an educational level y is
CA(y) = $6,000y
and for Group B the cost of attaining that level is
CB(y) = $10,000y.
Employees will be offered $50,000 if they have Scenario 17.1 Consider the information below: For Group A the cost of attaining an educational level y is C<sub>A</sub>(y)  = $6,000y and for Group B the cost of attaining that level is C<sub>B</sub>(y)  = $10,000y. Employees will be offered $50,000 if they have   where y* is an education threshold determined by the employer. They will be offered $130,000 if they have   -Refer to Scenario 17.1. The lowest level of y<sup>*</sup> that can be set and still have only the high-productivity people meet it is: A)  16. B)  13 1/3. C)  13. D)  8. E)  0. where y* is an education threshold determined by the employer. They will be offered $130,000 if they have Scenario 17.1 Consider the information below: For Group A the cost of attaining an educational level y is C<sub>A</sub>(y)  = $6,000y and for Group B the cost of attaining that level is C<sub>B</sub>(y)  = $10,000y. Employees will be offered $50,000 if they have   where y* is an education threshold determined by the employer. They will be offered $130,000 if they have   -Refer to Scenario 17.1. The lowest level of y<sup>*</sup> that can be set and still have only the high-productivity people meet it is: A)  16. B)  13 1/3. C)  13. D)  8. E)  0.
-Refer to Scenario 17.1. The lowest level of y* that can be set and still have only the high-productivity people meet it is:


A) 16.
B) 13 1/3.
C) 13.
D) 8.
E) 0.

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