Business, 24.10.2019 21:43, montgomerykarloxc24x
Consider the economies of sporon and tralfamadore, both of which produce gaggles of gop using only tools and workers. suppose that, during the course of 40 years, the level of physical capital per worker rises by 5 tools per worker in each economy, but the size of each labor force remains the same. complete the following tables by entering productivity (in terms of output per worker) for each economy in 2023 and 2063. year sporon physical capital labor force output productivity (tools per worker) (workers) (gaggles of gop) (gaggles per worker) 2023 7 30 1,800 2063 12 30 2,160 year tralfamadore physical capital labor force output productivity (tools per worker) (workers) (gaggles of gop) (gaggles per worker) 2023 4 30 900 2063 9 30 1,620 initially, the number of tools per worker was higher in sporon than in tralfamadore. from 2023 to 2063, capital per worker rises by 5 units in each country. the 5-unit change in capital per worker causes productivity in sporon to rise by a amount than productivity in tralfamadore. this illustrates the effect.
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Business, 04.07.2019 08:00, Ezekielcassese
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Business, 22.10.2019 21:00, lizethdominguez037
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Consider the economies of sporon and tralfamadore, both of which produce gaggles of gop using only t...
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