Answer :
The economic value of the knowledge, experience, skills, and capabilities of employees not refers to personal capital.
Thus, the correct option is False.
What do you mean by economic value?
Contrary to popular belief, market value refers to the price people are willing to pay for a commodity or service, which may be more or lower than the economic worth that a given person assigns to it.
Economic value cannot be quantified directly because it is arbitrary and depends on a person's goals.
However, a number of techniques have been developed to attempt to measure or estimate economic value.
A person bases their evaluation of an economic good's value on the advantages they stand to get from it.
The person's willingness to pay for the good, which is commonly stated in monetary terms, is used to appraise it regularly.
Learn more about economic value, here
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