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Hamad Human Capital 01/12/2021
C. all of these answers are parts of a worker’s human capital
E. on the job training
- The substitution effect of a rise in the price of labour will ____ the quantity of labour and the output, effect will ____ it
- A. increase; increase B. increase; reduce C. reduce; reduce D. reduce; increase...
- The downward sloping marginal physical product of labor is the firm’s ?
- A. Supply of labor B. Short-run demand curve for labor C. marginal cost of labour marginal revenue product of labor...
- In the short run, the supply of capital is ________ and in the long run will depend on _______?
- A. variable, technology B. fixed, expectations C. fixed, rental rate of capital D. variable, interest rates...
- Which of the following explanations of wage differentials is not likely to be true ?
- A. Men have more human capital than women B. Employers in competitive markets are bigots C. Men have more job experience than women D. None of the above...
- Which of the following is not a reason why some workers are paid above the equilibrium wage ?
- A. minimum-wage laws B. efficiency wages C. unions D. beauty...
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