Which Factor of Production Does Human Capital Enhance

question 5

Multiple Choice

Which factor of production does human capital enhance?
i.land
ii.labor
iii.capital

• A) i only
• B) ii only
• C) iii only
• D) i and ii
• E) i, ii, and iii

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Definitions:

Training Efforts

Initiatives and resources dedicated to improving the skills and competencies of employees within an organization.

Rewards Change

Rewards Change involves altering the incentives or rewards to influence behavior, often used in organizational and behavioral management to motivate desired actions.

Task Accomplishment

The successful completion or achievement of a specific task or set of tasks, often measured against predefined goals or standards.

Structural Barrier

Physical or societal obstacles that prevent individuals or groups from accessing certain opportunities or resources, often based on discrimination or entrenched norms.