The Supply of Human Capital to a Particular Use Is

question 87

Multiple Choice

The supply of human capital to a particular use is

• A) perfectly inelastic in the short run.
• B) perfectly elastic in the long run.
• C) more inelastic in the short run since it takes time for persons to acquire a particular skill.
• D) more elastic in the short run since individuals who already possess the particular skill can be attracted into the labor force in the short run.

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