Sometimes a business makes investments in machinery and equipment, and those investments do not pay offthe business
Question:
Sometimes a business makes investments in machinery and equipment, and those investments do not pay off—the business does not recover its costs plus something more. Is it possible for an individual to make a human capital investment that does not pay off? In making an informed human capital decision on, say, a college education, what sorts of information would you want to know, and why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Economics Theory And Practice
ISBN: 9781118949733
11th Edition
Authors: Patrick J. Welch, Gerry F. Welch
Question Posted: