Answer
A
Work Step by Step
It makes sense that older workers have more human capital (and thus higher MRP's), for they have years of experience in the industry. Since it is hard to replace this experience, the human capital is large.
Microeconomics: Principles, Problems, & Policies, 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0077660811
ISBN 13:
978-0-07766-081-9
Chapter 15 - Wage Determination - Review Questions - Page 350: 5
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