College

Dear beloved readers, welcome to our website! We hope your visit here brings you valuable insights and meaningful inspiration. Thank you for taking the time to stop by and explore the content we've prepared for you.
------------------------------------------------ Explain one way in which hiring an additional worker could lead to an increase in human capital.

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

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

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

Answer :

A new worker increases human capital by bringing fresh skills and experience that can be shared with and enhance the abilities of existing employees, thereby enriching the overall workforce of the company.

Hiring an additional worker could lead to an increase in human capital if the new employee brings with them unique skills and experience that are not only beneficial for the tasks at hand but can also be shared and transferred to other employees. This process of sharing knowledge and expertise can enhance the overall pool of skills within the firm, thus increasing the value of its workforce, which is essentially the definition of human capital.

By improving the capabilities of other workers through training or collaboration, the new worker contributes to the growth of the company's human capital, which in turn can increase productivity and potentially even the innovation capacities of the organization.