Under the Roy model,each worker self-selects into a job on the basis of ______ and ______.
A) comparative advantage;the prevailing prices in the market
B) single-dimension ability;the prevailing prices in the market
C) his bundle of skills;ability-unadjusted productivity
D) comparative advantage;ability-unadjusted productivity
E) single-dimension ability;his comparative advantage

Question

Quizplus · Accepted Answer

The Roy model posits that workers self-select into jobs based on their comparative advantage and the prevailing prices in the market. This model explains how individuals choose occupations that best fit their skills and abilities relative to the economic conditions and wage offerings of different sectors.

Under the Roy Model,each Worker Self-Selects into a Job on the Basis