Which of the following illustrates an increase in human capital?(1 point)

Responses

A graphic designer attends a week-long seminar and learns advanced skills she can apply to her work.
A graphic designer attends a week-long seminar and learns advanced skills she can apply to her work.

An engineer designs a new tool that cuts production costs in half across several industries.
An engineer designs a new tool that cuts production costs in half across several industries.

A factory manager purchases additional machinery to automate many of the tasks her employees are currently performing.
A factory manager purchases additional machinery to automate many of the tasks her employees are currently performing.

An applied mathematician develops an algorithm that makes supply chains more efficient.

1 answer

The response that illustrates an increase in human capital is:

A graphic designer attends a week-long seminar and learns advanced skills she can apply to her work.

This scenario reflects an investment in the designer's skills and knowledge, which constitutes an increase in human capital. The other options involve technological advancements or tools but do not directly relate to the enhancement of individual knowledge or skills.