1. Governments and educationalists generally regard it as desirable that trainees acquire transferable skills. Why may many...
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1. Governments and educationalists generally regard it as desirable that trainees acquire transferable skills. Why may many employers disagree?
2. There are externalities (benefits) when employers provide training. What externalities are there from the undergoing of training by the individual? Do they imply that individuals will choose to receive more or less than the socially optimal amount of training?
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1 Employers will probably want their trainees to acquire skills that allow them to be used flex...View the full answer
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