Question

Explain one way in which hiring an additional worker could lead to an increase in human capital.(1 point)

Responses

Hiring an additional worker could lead to an increase in human capital if the worker were able to produce more output per number of labor hours worked than other workers.
Hiring an additional worker could lead to an increase in human capital if the worker were able to produce more output per number of labor hours worked than other workers.

Hiring an additional worker alone will lead to an increase in human capital.
Hiring an additional worker alone will lead to an increase in human capital.

Hiring an additional worker could lead to an increase in human capital if the worker were to bring new skills and experience that can be taught to other workers.
Hiring an additional worker could lead to an increase in human capital if the worker were to bring new skills and experience that can be taught to other workers.

Hiring an additional worker could lead to an increase in human capital if the firm were able to make a profit from the productivity of the new worker.

Answer 1

[AI-generated answer — Bot GPT 3.5]

Hiring an additional worker could lead to an increase in human capital if the firm invests in training and development programs for the new employee, helping them acquire new skills and knowledge that can benefit the overall productivity and performance of the organization.