Workers with more human capital usually generate a higher value of the marginal product.

Question

Quizplus · Accepted Answer

Human capital refers to the knowledge, skills, and education that workers possess, which can increase their productivity and efficiency. As a result, workers with more human capital are able to generate a higher value of the marginal product, which is the additional output that is produced by adding one more unit of labor. Therefore, the statement is true.

Workers with More Human Capital Usually Generate a Higher Value