_____ is an example of specific human capital
a. High school education
b. A bachelor's degree in Economics
c. On-the-job learning for a sales executive
d. A PhD in astrophysics
C
You might also like to view...
In the dynamic aggregated demand and aggregate supply model, if AD shifts faster than AS,
A) deflation occurs. B) stagflation occurs. C) inflation occurs. D) disinflation occurs.
Individual price discrimination is used when
A) firms are dealing with individual consumers, such as in a line at the coffee shop. B) firms cannot easily determine consumers' reservation prices. C) firms are selling to non-local buyers. D) salespeople are in a difficult industry, such as auto sales.
Charting observations on a semi-logarithmic graph will help the analyst to ascertain whether
A) absolute changes from period to period are constant. B) whether percentage changes from period to period are constant. C) whether percentage changes from period to period are declining. D) Both B and C
It is always rational to acquire more information before making a decision
a. True b. False