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1 Donna works on a job that will involve lots of general training over her 40 - year career. The figure below illustrates her net-productivity

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1 Donna works on a job that will involve lots of general training over her 40 - year career. The figure below illustrates her net-productivity profile vn ( x ). Four wage profiles, each With the same present value as vn (x), also appear in the figure

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wage ($/hour) 21 Vn (x ) wa(x ) 18 W 1 (x ) 15 A wolk ) 12 W O Ci 0 5 10 15 20 25 30 35 experience (years)

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