Business, 16.08.2019 08:20 rachel2005smith

Workland has a population of 10,000, of whom 7,000 work 8 hours a day to produce a total of 224,000 final goods. laborland has a population of 5,000, of whom 4,000 work 12 hours a day to produce a total of 120,000 final goods. a. workland has higher productivity and higher real gdp per person than laborland. b. workland has higher productivity but lower real gdp per person than laborland. c. workland has lower productivity but higher real gdp per person than laborland. d. workland has lower productivity and lower real gdp per person than laborland.

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Workland has a population of 10,000, of whom 7,000 work 8 hours a day to produce a total of 224,000...

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