Lack of learning leads to _______ in one’s joba.Incrementb.Stagnationc.Growth

What is the potential outcome of learning new skills during free time?StagnationRegressionSelf-ImprovementApathy

Human capital increases with on-the-job training.Group of answer choicesTrueFalse

"There are substantial learning effects, that is, there is a lot of ‘learning by doing’. In addition to gains from economies of scale, there are gains to be sought from experience. Firms learn how to do specific activities more efficiently over time after they have performed those activities many times over. They learn from the mistakes in their attempts to perform activities and become more adept at performing those better than other firms that have not had that similar experience. As such, early or first movers into an industry have the opportunity to learn more and reduce their per-unit cost, which late movers into an industry do not have."Which trade theory is the above most relevant to?Group of answer choicesNew Trade TheoryTheory of Absolute AdvantageHeckscher-Ohlin theoryInternational product life cycle theory

What is learning?

When learning, it is very important to be ____________. stagnantpassiveactive