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Individuals can differentiate themselves by making human capital investments, just as a firm can differentiate itself by paying higher wages. A. True B. False
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38 votes
38 votes
Individuals can differentiate themselves by making human capital investments, just as a firm can differentiate itself by paying higher wages.

A. True

B. False

User Talljosh
by
2.5k points

1 Answer

20 votes
20 votes

Answer: True

Step-by-step explanation:

Human capital refers to the skills, health and knowledge that people invest in which allows them to realize their potential.

Individuals can differentiate themselves by making human capital investments. This enables them standout from others just exactly as a firm can differentiate itself by paying higher wages.

User Donnie Ibiyemi
by
2.7k points
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