LABOR ECONOMICS
8th Edition
ISBN: 9781260004724
Author: BORJAS
Publisher: RENT MCG
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Question
Chapter 6, Problem 8RQ
To determine
The relation between education and workers innate ability in the labor market.
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Explain why child labour could actually be pareto-optimal.
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Do you think these theories could both hold some merit in the real world? Carefully explain.
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Please give a reason behind your answer.
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