Problem
A firm is considering hiring a worker and providing the worker with general training. The training costs $1,000, and the worker's MRPL during the training period is $3,000. If the worker can costlessly move to another employer in the post-training period and that employer will pay a wage equaling the new MRPL how much will the training firm pay the worker in the training period?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.