When an Employer Pays the Cost of Educating a Worker

question 102

Multiple Choice

When an employer pays the cost of educating a worker, it is likely that the employer

• A) is demonstrating altruistic motives.
• B) is pursuing some objective other than profit-maximization.
• C) hopes to recapture its investment in the form of increased labor productivity.
• D) receives reimbursement from the government for the cost of the education.

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Definitions:

Experimental Data

Data obtained through controlled tests or experimental studies where variables are manipulated to observe their effect on certain outcomes.

Probability

The determination of the probability an event occurs, specified as a number between 0 and 1.

Age Group

A range of ages into which individuals are categorized for the purpose of analysis or marketing.

Applicants

Individuals who apply or register for something, such as a job, program, or school.