If Workers for a Firm Have Mainly General Human Capital,then

question 44

Multiple Choice

If workers for a firm have mainly general human capital,then when the demand for its output falls,the firm will mainly

• A) lower wages.
• B) cut back on employment.
• C) cut work hours of all workers.
• D) increase its specific investment in workers as the opportunity cost of training is low.

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Definitions:

Administered

The process of giving or applying something, such as a medicine or a questionnaire, often used in medical and clinical settings.

Provider's Name

The name of a healthcare provider, which can refer to an individual practitioner, a group of practitioners, or an institution providing medical services.

Verbally

Relating to words spoken out loud in communication.

NCVIA

National Childhood Vaccine Injury Act, a law established in 1986 to reduce the potential financial liability of vaccine makers due to vaccine injury claims and to ensure a stable market supply of vaccines.