Question: 1. Explain why a worker may see their wage rise after training that generates firm specific human capital. 2. Do you think it matters for

1. Explain why a worker may see their wage rise after training that generates firm specific human capital.

2. Do you think it matters for the size of the possible effect of firm-specific human capital training on a worker's wage, whether the labour market is characterized as competitive versus a monopsony? Provide an explanation

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