Which of the Following Is NOT an Investment in Human

question 274

Multiple Choice

Which of the following is NOT an investment in human capital?

• A) A business student takes a seminar in using a laptop computer.
• B) A student purchases a laptop computer.
• C) A computer science student learns how to repair a laptop computer.
• D) A computer science student takes a course on programming a laptop computer.

Analyze the profit maximization behavior of competitive firms.

Identify the conditions under which a firm should produce a positive output.

Distinguish between different types of subsidies and their effects on firm output.

Understand the supply function and its derivation from production and cost conditions.

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Definitions:

Independent Contractor

A person or entity engaged in work for another under terms specifying that they are not an employee and are responsible for their own taxation and benefits.

Agent

A person authorized to represent or act on behalf of a principal in dealings with third parties.

Automobile Accident

A collision involving one or more vehicles, typically resulting in property damage, injuries, or fatalities.

Employee

An individual who is hired by an employer to perform a specific job under the direction and control of the employer, usually on a permanent or temporary basis.