Sometimes a business makes investments in machinery and equipment, and those investments do not pay offthe business

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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?

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Economics Theory And Practice

ISBN: 9781118949733

11th Edition

Authors: Patrick J. Welch, Gerry F. Welch

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