Costs and revenues of investment in enterprise-related schooling

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Date: Oct. 1994
From: Oxford Economic Papers(Vol. 46, Issue 4)
Publisher: Oxford University Press
Document Type: Article
Length: 6,943 words

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Abstract :

The marginal revenues and costs of enterprise-related schooling were compared to develop an optimal wage equation. It was discovered that the optimal amount of investment in such schooling can be derived by equating marginal revenues and costs. Moreover, the study indicated that both the marginal costs and benefits of enterprise-related schooling varied, depending on the worker's level of ability.

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Gale Document Number: GALE|A16444462