Business and Labor Unit Test

Question

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Question
Explain one way in which hiring an additional worker could lead to an increase in human capital.(1 point)
Responses

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

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

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

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

Answer 1

The most appropriate response to explain how hiring an additional worker could lead to an increase in human capital is:

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

This response highlights the idea that new employees can contribute to the overall skill set of the workforce, helping to foster an environment of learning and knowledge sharing, which ultimately enhances the human capital of the organization as a whole.