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Which of the following is an example of an investment in human capital?A. A firm replaces manually controlled production with a computer controlled procedure.B. A firm pays for workers to take college classes.C. A chemical firm supports research to develop new chemicals.D. A firm purchases new equipment for a manufacturing process.

Respuesta :

Answer: Option (B) is correct.

Explanation:

Human capital refers to the stock of capital which includes education, creativity, personality attributes, training, skills and knowledge. All of these were contribute towards human capital. If a firm invest in human capital, its primary objective is to improve the skills and knowledge of the workers which helps them in raising productivity.

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