Table 5.1 Two-Period Training Model

Multiple Choice

Table 5.1 Two-Period Training Model

-A profit-maximizing firm which wants to provide firm-specific training to its workers will pay ________ in the training period and ________ after training is completed. (See Table 5.1 for definitions of abbreviations.)

A) W*; W*
B) more than W*; more than W*
C) less than W*; less than MP1
D) more than MP*; more than MP*