--%>
Assignment Help - homework help

Average rate of return in Human Capital

This illustrated graph indicates that, there on average, rate of return to education is greatest for finishing the previous year of: (1) kindergarten, at point a. (2) grade school, at point b. (3) high school, at point c. (4) undergraduate college, at point d. (5) a professional degree (for example, doctor or lawyer) at point e.

1106_Human Capital problem.png

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Managerial Economics

  • Q : Competitive Market Supplies of Labor

    The supply curve of labor which confronts a large but purely competitive industry is usually: (1) horizontal. (2) positively sloped. (3) backward bending. (4) vertical. (5) negatively sloped. Can a

    		•
  • Q : Average rate of return in Human Capital

    This illustrated graph indicates that, there on average, rate of return to education is greatest for finishing the previous year of: (1) kindergarten, at point a. (2) grade school, at point b. (3) high school, at point c. (4) undergraduate college, at

    		•
  • Q : Explain about the signaling Signaling :

    Signaling: (w) attempts to finesse adverse selection. (x) involves behavior by agents to communicate special qualifications which will elicit the offer of a contract from a principal. (y) refers to potential employees obtaining skills, education or ex

    		•
  • Q : Elasticity of demand for labor and type

    The relationship between the elasticity of demand for labor and the elasticity of demand for a specific type of output the labor produces is: (1) uniformly negative. (2) uniformly positive. (3) zero. (4) curvilinear. (5) highly variab

    		•
  • Q : Illustrates the Importance of

    Illustrates the Importance of managerial economics?

    		•
  • Q : Internal factors in governing prices

    What are the internal factors in governing prices?

    		•
  • Q : Income effect of increase wage When the

    When the income effect of a wage raise is more powerful than the substitution effect, in that case the:  (i) labor supply curve will be “backward bending.” (ii) unemployment rate will rise since more people will be av

    		•
  • Q : Explain the Cross elasticity of demand

    Explain the Cross elasticity of demand.

    		•
  • Q : Illustrates the Modern Definition

    Illustrates the Modern Definition?

    		•
  • Q : Evan J Douglass definition of

    What is the Evan J Douglas’s definition of Managerial economics?

    		•