Explain one way in which hiring an additional worker could lead to an increase in human capital.(1 point) Responses Hiring an additional worker could lead to an increase in human capital if the firm were able to make a profit from the productivity of the new worker. Hiring an additional worker could lead to an increase in human capital if the firm were able to make a profit from the productivity of the new worker. Hiring an additional worker could lead to an increase in human capital if the worker were to bring new skills and experience that can be taught to other workers. Hiring an additional worker could lead to an increase in human capital if the worker were to bring new skills and experience that can be taught to other workers. Hiring an additional worker could lead to an increase in human capital if the worker were able to produce more output per number of labor hours worked than other workers. Hiring an additional worker could lead to an increase in human capital if the worker were able to produce more output per number of labor hours worked than other workers. Hiring an additional worker alone will lead to an increase in human capital.
This statement is incorrect. Hiring an additional worker alone does not automatically lead to an increase in human capital. Human capital refers to the skills, knowledge, and experience that workers possess, and simply hiring an additional worker does not necessarily mean that the overall level of human capital in the firm has increased. It is important for the new worker to bring valuable skills, experience, or productivity to the organization in order to contribute to an increase in human capital.
