Which of the following demonstrates human capital and physical capital in that order?

Question

Quizplus · Accepted Answer

Human capital refers to the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country. Physical capital refers to any non-human asset made by humans and used in production. In choice C, the chefs' knowledge about preparing food represents human capital, and the equipment in the kitchen represents physical capital.

Which of the Following Demonstrates Human Capital and Physical Capital