A picture of a make shift school is given below. Answer the given questions in the context of given figure.
What is the primary reason for the necessity of the owner of human capital to be present in the place of production?
Answer & explanation
Correct answer: option 3
The correct answer is option 3: To facilitate the sale of human capital services.
The owner of human capital must be present in the place of production to provide the services associated with their human capital, which are sold in the market.