Contrast life cycle human-asset valuations for skilled and unskilled workers.

Question

Question

Contrast life cycle human-asset valuations for skilled and unskilled workers.

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Skilled workers can have their human asset valuation increasing even though there total life cycle hours remaining for work drops continuously. Reason for this is that the acid values increase as the peak earning years of skilled workers approach. This is due to the feature of discounting.

The human asset values for unskilled workers however decline continuously starting from the first hour worked.

Add a comment

Answer 2

Similar Homework Help Questions

A country has two types of workers, skilled and unskilled. Workers can produce either chairs or...

A country has two types of workers, skilled and unskilled. Workers can produce either chairs or sofas. Output per worker is as follows: Output per Worker Chairs Sofas Unskilled Workers 6 4 Skilled Workers 10 6 According to the data, ▼ an absolute advantage in making either type of good. Based on comparative advantage, who should make chairs and who should make sofas? ▼ Both have Unskilled workers have Neither has Skilled workers have a comparative advantage in making chairs....
Q1) Labor resources include: a)unskilled workers but not skilled workers. b)coffee breaks. c)skilled workers but not...

Q1) Labor resources include: a)unskilled workers but not skilled workers. b)coffee breaks. c)skilled workers but not unskilled workers. d)a robot. e)education and training of workers. Q2)An economy's resources: are limited in quantity. consist of land, labor, capital, and money. are unlimited when we use the latest technology. are unrelated to its standard of living. are always efficiently utilized. Q3) The difference between what can be produced and consumed without specialization and trade and with specialization and trade is called: Q4)A...
In the past 15 years in Turkey inequality between the skilled and unskilled workers had decreased...

In the past 15 years in Turkey inequality between the skilled and unskilled workers had decreased (although the overall inequality remained either stable or has increased). Write a factor that might have created this trend?

Suppose a country with two types of workers, high skilled and low skilled, has a comparative...

Suppose a country with two types of workers, high skilled and low skilled, has a comparative advantage in biotechnology and a comparative disadvantage in shoes. Under the Stolper-Samuelson theorem, which predicts increasing inequality due to international trade, expansion of trade will result in: 1. the fall in the real wage rate of both skilled and unskilled labor 2. the fall in the real wage rate of skilled and unskilled labor in the shoe industry 3. the rise in the real...
In late 19th-century technological development increased relative demand for unskilled workers in most European countries compared...

In late 19th-century technological development increased relative demand for unskilled workers in most European countries compared with the demand for skilled workers, meanwhile, the immigration to American countries (mainly to the USA but also to Latin America and Canada) decreased the relative supply of unskilled labor force in Europe. How would these two trends affect the inequality of skilled and unskilled workers?
How does the life cycle of zebra mussels contrast with Unionids?

How does the life cycle of zebra mussels contrast with Unionids?

Compare and contrast the "life cycle" hypothesis and the "permanent income" hypothesis. What are their respective...

Compare and contrast the "life cycle" hypothesis and the "permanent income" hypothesis. What are their respective implications for inequality in the income distribution?
Can you correctly label this diagram of the human life cycle? Drag the labels onto the...

Can you correctly label this diagram of the human life cycle? Drag the labels onto the diagram to identify the stages of the life cycle. Not all labels will be used.
A fixed asset typically goes through the life cycle of acquisition, usage, and disposal. For each...

A fixed asset typically goes through the life cycle of acquisition, usage, and disposal. For each of these stages of the life cycle, discuss one key accounting issue related to a fixed asset the company must address.

Which of the properties of life involve cell division? When in the human life cycle do...

Which of the properties of life involve cell division? When in the human life cycle do all cells divide? In an adult identify 2 tissues in which cells regularly divide, and 2 tissues where cells do not regularly divide.

Contrast life cycle human-asset valuations for skilled and unskilled workers.

Homework Answers

Add Answer to:
Contrast life cycle human-asset valuations for skilled and unskilled workers.

Post as a guest

Earn Coins

A country has two types of workers, skilled and unskilled. Workers can produce either chairs or...

Q1) Labor resources include: a)unskilled workers but not skilled workers. b)coffee breaks. c)skilled workers but not...

In the past 15 years in Turkey inequality between the skilled and unskilled workers had decreased...

Suppose a country with two types of workers, high skilled and low skilled, has a comparative...

In late 19th-century technological development increased relative demand for unskilled workers in most European countries compared...

How does the life cycle of zebra mussels contrast with Unionids?

Compare and contrast the "life cycle" hypothesis and the "permanent income" hypothesis. What are their respective...

Can you correctly label this diagram of the human life cycle? Drag the labels onto the...

A fixed asset typically goes through the life cycle of acquisition, usage, and disposal. For each...

Which of the properties of life involve cell division? When in the human life cycle do...

Contrast life cycle human-asset valuations for skilled and unskilled workers.

Homework Answers

Add Answer to: Contrast life cycle human-asset valuations for skilled and unskilled workers.

Post as a guest

Earn Coins

Add Answer to:
Contrast life cycle human-asset valuations for skilled and unskilled workers.