Which of the Following Is an Example of Human Capital

question 429

Multiple Choice

Which of the following is an example of human capital for a college economics professor?

• A)years of experience
• B)"clickers" which interface with an in-class computer system and display the results of student "votes"
• C)chalk
• D)internet access in the classroom

Recognize the effects of specific transactions on a company's cash position.

Understand the concepts of transmissible diseases and their causes.

Grasp the precautionary principle approach and its implications for chemical safety.

Recognize the processes involved in screening chemicals for commercial use and their toxicity.

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Definitions:

Cost Of Goods Sold

represents the direct costs attributable to the production of goods sold by a company, including material and labor costs.

Merchandise Purchases

The acquisition of goods that a company intends to resell to customers.

Fixed Product Cost

Costs that do not vary with the level of production or sales, such as salaries of permanent employees and rent.

Factory Supervisor

An individual who oversees the work of employees in a manufacturing facility, ensuring that production goals and standards are met.