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 is able to 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 is able to 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.

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

Hiring an additional worker can increase human capital if the new hire brings unique skills and experiences that are shared with the rest of the team, leading to an overall enhancement of the workforce's abilities and productivity.

Explanation:

One way in which hiring an additional worker could lead to an increase in human capital is if the new worker brings unique skills and experience to the firm. These new skills and experiences can then be disseminated throughout the company, enhancing the collective abilities of the workforce.

This can result in a more capable and flexible workforce that can improve the company's productivity and efficiency. The new worker's contribution to the firm in terms of human capital is not just their individual productivity but also the value they add to their colleagues and the firm as a whole by sharing their knowledge and expertise.

Moreover, the new worker can lead to human capital development within the organization, provided that their skills and experiences are taught and adopted by other workers. As a result, the whole team's productivity can rise, which might increase the profitability of the company. This approach highlights that the impact of a new employee on human capital is not a direct outcome of the hiring itself, but rather depends on the skill transfer and training processes that may occur after the hiring.