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How education as signal could be use to separate low ability

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Reference no: EM13870895

1. Draw a graph that shows how education as a signal could be used to separate low- and high-ability job applicants. Explain how education as a signal works.

2. Draw a graph in which education as a signal fails because the signal level is set too high. Explain why the signal fails.

Reference no: EM13870895

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