Human capital theory suggests that everyone's income reflects individual choices about investments in education and training.
Indicate whether the statement is true or false
Question 2
Suppose a paper mill emits noxious odors that represent a negative externality for people living near the plant.
If the plant managers ignore these external effects on their neighbors, what is the efficiency character of the resulting market outcome? A) The plant generates too much paper due to incomplete information.
B) The plant generates too much paper because the odors are nonexclusive.
C) The plant generates too much paper because the managers ignore the external costs of the air pollution on the neighbors.
D) The market outcome is efficient.
Some of the visual areas that have been identified in the human brain.
Human Figure
Some obesity genes in the human genome. The green triangles represent single genes in which obesity
Human Lungs (Respiratory System)
Major bone (tan) and cartilage (light blue) elements of the human skeleton. Inset shows regions of v
Producing human insulin in E. coli