Human Capital and Opportunity Cost
The value of human capital always comes with a cost. Becoming good at one thing means that time cannot be used to learn something else. Being good at teaching means you may have to forego a career as a hairdresser.
The value of human capital always comes with a cost. Becoming good at one thing means that time cannot be used to learn something else. Being good at teaching means you may have to forego a career as a hairdresser.