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Human Capital Formation · Question 7 of 51

Question 7

MediumOriginal question

A firm pays for its new workers to learn a machine under an experienced operator. This is

Options for question 7

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Firms train workers at the workplace, or send them for courses, so that the extra productivity repays the cost.

Concept
On-the-job training
Typical time
70 s
Your time
—
The rule this testsSources of human capital
Practise this chapter →

Ten questions from Human Capital Formation, at your own pace.

Practise this chapter →

Ten questions from Human Capital Formation, at your own pace.