ECN210 Economics Discussion Post

Anonymous
timer Asked: Feb 27th, 2019
account_balance_wallet $15

Question Description

The motivation for many people pursuing a college degree is to improve their human capital.

  • Describe how improving human capital increases wages. In your description, be sure to address the marginal product of labor.
  • Explain how rising wages could lead to a backward bending supply of the labor curve.
  • Discuss factors that could lead to an increase in the labor supply and the effect that shift would have on wages.

Tutor Answer

Gilmore
School: Boston College

Here you go! Let me know if you need any edits or have any questions
Attached.

Running head: ECONOMIC DISCUSSION POST

Economic Discussion Post
Name
Institution

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ECONOMIC DISCUSSION POST

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Economic Discussion Post
Nickolas (2018) describes human capital as a combination of knowledge, abilities,
and life involvements of either a person or personnel. Further, Netcoh (2016) contends that
advanced echelons of human capital are anticipated to generate augmented remunerations
along with the gross domestic product thus sustaining people as well as the overall society.
He...

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Anonymous
Excellent job

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