Human capital refers to which of the following?

A) physical equipment that is made by human laborers, not machines
B) manufactured goods that are used to produce other goods and services
C) the quantity of goods and services that can be produced by one worker or by one hour of work
D) the accumulated knowledge and skills workers acquire from education and training or from their life experiences

D

Economics

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What will be an ideal response?

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In perfect competition, each firm's output is a large fraction of total market supply

a. True b. False

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