Investment in human capital has opportunity costs, but investment in physical capital does not.

Name: Investment in human capital has opportunity costs, but investment in physical capital does not.
Brand: Quizplus
Rating: 4.7 (49 reviews)

Question

Quizplus · Accepted Answer

Both investments in human capital (such as education and training) and physical capital (such as machinery and equipment) have opportunity costs, as resources spent on these investments could have been used elsewhere.

Investment in Human Capital Has Opportunity Costs, but Investment in Physical