Question

5 multiple choice 1 point i began working for amazon fulfillment center. i spent the first two days learning how to do the job. amazon is trying to develop which factor of production by training me? labor human capital physical capital financial capital clear my selection

Explanation:

First, solving the top categorization task:

• Goods are tangible, physical items. Hammers and Gatorade are physical objects.
• Services are intangible actions/assistance. Credit card protection and medical advice are intangible support.

Human capital refers to the skills, knowledge, and abilities of workers that are developed through training, education, or experience. Training a new employee to perform job tasks builds their work-specific skills, which is developing human capital. Labor is the general work input, physical capital is tangible equipment, and financial capital is monetary resources, none of which match the described training.

Answer:

GOOD:

HAMMER FOR A MECHANIC, GATORADE FOR AN ATHLETE

SERVICE:

CREDIT CARD PROTECTION, ADVICE FROM A DOCTOR

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Now solving the multiple-choice question: