A(n)_____ Implies an Increase in Human Capital

question 89

Multiple Choice

A(n) _____ implies an increase in human capital.

• A)addition of a new machine that laborers use in production
• B)increase in wealth
• C)more educated labor force
• D)increase in the number of schools in a country
• E)increase in the quantity of the capital used by a firm

---

Definitions:

Peak-period Capacity

The maximum output a business can produce in a short period when demand is the highest, often requiring efficient use of resources.

Fabrication Department

A specialized section of a manufacturing company where raw materials are assembled, shaped, or processed into finished goods.

Logistics Department

A segment within a company responsible for managing the efficient flow of goods, services, and information from point of origin to point of consumption to meet customer requirements.

Operating Divisions

Parts of a company that focus on the core business functions, often segmented by product line, service area, or geographic location.