--%>
Assignment Help - homework help

Illustrations of investments in human capital

Illustrations of investments in human capital would comprise: (1) freeing slaves at the conclusion of the Civil War. (2) betting on the outcome of a professional wrestling match. (3) need people to pass a test on the U.S. Constitution before permitting them to vote. (4) giving English classes as a gateway for illegal aliens to become U.S. citizens. (5) using an IQ test as a screening device before hiring workers.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Managerial Economics

  • Q : Hiring more labor in profit maximization

    When a firm hires an additional worker who adds $100 worth of output daily, and adds $50 daily to the firm’s costs, in that case the firm must: (w) hire more labor. (x) hire less labor. (y) not change its employment of labor. (z) sell off some o

    		•
  • Q : Economic efficiency for consumption and

    Economic efficiency for all consumption and production choices would guarantee getting the social objectives of: (w) equality of income distribution. (x) employment and educational opportunities for all. (y) enhanced environmental quality. (z) None of

    		•
  • Q : Social Welfare and Efficiency on Labor

    Inefficiency may exist within a labor market while a firm only hires labor up to a certain point where: (w) the value of labor’s marginal product equals the wage rate. (x) VMP > MRC. (y) MPPL = w/P. (z) the last unit of labor adds as much to

    		•
  • Q : Define the term cost plus pricing

    Define the term cost plus pricing.

    		•
  • Q : What is Diminishing Returns to Scale

    What is Diminishing Returns to Scale?

    		•
  • Q : Explain the Expenditure Method of

    Explain the Expenditure Method of Measurement of Elasticity.

    		•
  • Q : Higher rates of unemployment Higher

    Higher rates of unemployment in between nurses, clerical workers and teachers are a likely consequence when a government policy is adopted based on the doctrine of: (1) comparable worth. (2) equal marginal productivity per dollar. (3) equal pay for eq

    		•
  • Q : Describe why firms may shut down

    If a perfectly competitive firm determines that its market price is below its minimum average variable cost, this will sell: w) the output where marginal revenue equivalents marginal cost. x) any positive output the entrepreneur decid

    		•
  • Q : Define consumer psychology and pricing

    Define the consumer psychology and pricing and affecting elements.

    		•
  • Q : Illustrates the real concept briefly

    Illustrates the real concept briefly?

    		•