It is possible to analyze education decisions in a manner similar to the decision to acquire more
A)capital.
B)leisure.
C)work.
D)goods and services.

Question

Quizplus · Accepted Answer

Acquiring education can be seen as a form of investment in human capital. Just like investing in physical capital (such as machinery) can lead to an increase in production and profit, investing in education can lead to an increase in skills and knowledge that can lead to higher earnings and career advancement opportunities. Therefore, analyzing education decisions in a similar manner to the decision to acquire more capital is appropriate.

It Is Possible to Analyze Education Decisions in a Manner