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Q. Explain why do you suppose that employees pay for general training and the employer pay for specific training with respect to the basic competitive model?

Q. Assume that Mr. Greengenes, a farmer and genetic engineer, develops a new method for growing corn that decreases the cost of growing corn by $300 per acre. Greengeness landlord rejoices, saying, According to the leftover principle, you will pay me $300 more in rent. Is the landlord correct?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9222938

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